Special offer
Home > Blogs > Raymond E. Camp > Raymond E. Camp's (raycamp) Blog
bookmark_border

Has The Price Of Poker (Homes) Gone Up

By
Real Estate Agent 40CA1147997

Reading the local Real Estate Section of the paper this morning in The Greater Rochester Area there was an article offering a 100% buy back of a property if you used said companies agents.

Doing ten quick competitive marketing analysis's nine out of tem properties were higher in value than what they should sell for. While this could be good for a seller it also could be bad in the fact the appraisal is not adequate for the purchase price. For the buyer it could be good if within the time frame they sell it back to that company and the value has not held for one reason or another.

If the national franchises have this much money to play with maybe the agents are over paying to belong.

 

Posted by

 

 

 

Raymond E. Camp

Real Estate to a Close  

If you are considering buying or selling a home, lake frontage in Webster, Penfield, Perinton, Pittsford, Mendon, Honeoye Falls, Victor, Farmington, Canandaigua, Macedon, Walworth, Ontario, Williamson, Marion, Sodus, Sodus Point, Wolcott, Huron, The Finger Lakes and Lake Ontario feel free to contact me at 585.469.9199 or raymondcamp@raymondcamphomes.com or visit one of my websites  at http://www.nothnagle.com/raymondcamp

Make yourself a great day.

 

 

 

Show All Comments
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning again Raymond. These things seldom work as promised and I don't know of any franchise that actually pays for this.

Oct 17, 2015 12:37 AM
Raymond E. Camp

It was started in 1982 by Howard Hanna

Oct 17, 2015 02:19 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Raymond E. Camp Sounds like yet another bait and switch designed solely to get the phones to ring - then change the subject to what they really want to talk about.

Oct 17, 2015 12:42 AM
Raymond E. Camp

I am trying to find all the particulars  and yes a bait and switch.

Oct 17, 2015 02:20 AM
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I bet the phones will ring, but is it a good idea?  It is not feasible for any company to buy back homes.  The companies would be bankrupt in a short amount of time,  You have some people would push for the buyback just  because they had second thoughts of their purchase.

Oct 17, 2015 01:21 AM
Raymond E. Camp

Would be my guess as well.

Oct 17, 2015 02:20 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I have heard this line before Raymond and ignore it. 

Oct 17, 2015 02:54 AM
Raymond E. Camp

wHY?

Oct 17, 2015 02:57 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Raymond.  That sir you can count on.  

Oct 17, 2015 08:23 PM
Raymond E. Camp

I hope not too much!

Oct 17, 2015 10:14 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Raymond.  These are never a good deal for the seller.  Never.

Oct 17, 2015 09:34 PM
Raymond E. Camp

It doesn't look good on paper so probably not!


 

Oct 17, 2015 10:14 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I see a few agents use these techniques. I know how it works and wonder if the sellers are smart enough to see through the smoke and fog.

Oct 17, 2015 10:26 PM
Raymond E. Camp

We shall see!

Oct 17, 2015 11:01 PM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

It will be interesting to see how those sales (if they sell) pan out...

Oct 18, 2015 02:02 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

If it sounds too good to be true, that is usually the way it will turn out. I don't see that they would have many takers.

Oct 18, 2015 02:37 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

I have to agree with Joe, if it sounds too good to be true, it normally is indeed!!!

Oct 18, 2015 05:56 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Well, there is always a catch all those ''buing for cash''  or ''garanteed'' offers.

Oct 18, 2015 03:57 PM
Raymond E. Camp

That is the item or items I am trying to find out.


 

Oct 18, 2015 09:31 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I highly doubt that the buyback will be anywhere near the 100% appraised value.

Oct 18, 2015 09:08 PM
Raymond E. Camp

Supposed to be the amount paid for the home!

Oct 18, 2015 09:32 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Bet there are some 
"secrets" hidden in the fine print , Hmmm ?

Oct 18, 2015 10:49 PM
Raymond E. Camp

That is what I'm thinking!

Oct 18, 2015 10:52 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Raymond - how can they afford to do that?  I can see the skepticism in the other comments.

Oct 19, 2015 12:16 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

I would be highly skeptical and pass right by something like this.

Oct 19, 2015 12:34 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Raymond any one with common sense will discover the small print that they will buy it at actual market or below market value at least that has been my experience....Endre

Oct 19, 2015 09:25 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Raymond ... this sounds fishy and I am with the AR members that say pass ;o)

Oct 19, 2015 01:24 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Raymond- if it sounds too good to be true...... 

Oct 20, 2015 10:00 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Grrrrr,,,wish tgey would outlaw these things !

Oct 20, 2015 10:56 PM
Back to Top
Rainmaker
1,513,143

Raymond E. Camp

Profile
BlogHome Search
smartphone(585) 469-9199
Contact The Author

Service Areas

  • Ontario, NY
  • Perinton, NY
  • Ontario County, NY
  • Penfield, NY
  • Wayne County, NY
  • Brighton, NY
  • Monroe County, NY
  • Livingston County, NY

Real Estate Resources

Recent Posts

View more Recent Posts   arrow_forwards

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?