I tend to have more leads than before. For foreclosures or "good deals". See what I mean? Everybody want to make a good deal. That's the demand from about 80% of my leads. So, I'm getting very comfortable now with all foreclosures in my county. And I can present at least 2-3 offers every week.
And then come the "we-got-a-offer-last-friday" answer!
Yes, I use to make a little call to the listing agent, just to ask if the property is still available, that I'm going to send an offer, that the agent can call me back if (s)he did not receive it, etc... And, about 99.99% of the time, no matter how long the foreclosure has been on the market, no matter the price, no matter anything, an offer landed the day before or last friday if it's the week-end. Everytime. A-M-A-Z-I-N-G!
This foreclosure was on the market for 4 days and got-an-offer-yesterday. This one is on the market for 311 days and got-an-offer-last-friday. There are foreclosures that have been closed last month BUT all of them have a common point: ACTIVE on the MLS. Not pending, not pending do-not-show, not pending but-show-it-anyway, not closed, not closed but-show-it-still, just plain active.
So my guess is this might not be a buyer's market, as my title got you here, but definitely a foreclocure buyer's market OR are we so in need of money to trick our fellow Realtors? Nooo...We all work with the highest level of ethics, right?
Comments(0)