weston florida: Why bother with REO's?
- 11/10/09 12:37 AM
What is the use of showing REO's? BY the time you place an offer after it is listed they always have 10-15 offers. Your client gets excited and they even bid higher than asking price but don't get the property anyways. Buyer's now want to deal directly with the REO listing agent because they feel they have a much better shot at getting the home. I think there are some real ethical questions concerning inside information on REO properties. I have found it a lot better to deal with a regular listing and negotiate them down close to the price of a … (2 comments)
weston florida: Is the Real Estate Market bouncing back?
- 02/06/07 12:15 AM
I have been reading a lot of articles like this one: http://southflahomes.com/blog/index.asp that says that the South Florida market seems to be bouncing back. I have noticed lately that I am getting more showings on my listings and more calls from buyers looking to purchase homes. I n fact on Monday Feb 5, I got 3 emails from different buyers interested in purchasing new homes in the South Florida area. I hope that this is a sign of things to come. The market is still flooded with properties for sale but if buyers start scooping up the good deals we might finally level off and the market could … (1 comments)
What is the use of showing REO's? BY the time you place an offer after it is listed they always have 10-15 offers. Your client gets excited and they even bid higher than asking price but don't get the property anyways.
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