bank owned: Catch A Falling Knife...An Analogy of The Real Estate Market
- 03/13/09 02:35 AM
I love a good analogy and often use them in client conversations. Catching a knife could be a bloody endeavor. In this story it's one of those multi purpose knives where you can use different tools for different jobs. Often enough the tool might not have the right size, length or capability. If you can imagine this knife falling to the floor, you wouldn't want to catch it either, right? Use the following symbolism and maybe you (buyers and agents alike) may or may not take a risk in "catching" certain types "knives". The knife is a house. The blade (screwdriver, file, … (2 comments)
bank owned: Agents Are Funny...What Are Words For?
- 03/10/09 06:08 PM
Okay, so I'm not an aspiring Pulitzer Prize winning author. I'm still searching for my voice as a blogger. As a hired professional I'd like to think I can be a decent wordsmith entering public and confidential comments in a listing to cause a buyer or another agent to want to come see my client's home. I'd also like to think that my buyers and I would do the same in response to someone else's verbal imagery and attention to detail. Here are some of the finer examples of what our brethren out there are saying to sell their clients homes (these are cut … (12 comments)
bank owned: Part 2, Foreclosure - a Red Hot Deal?
- 02/18/09 04:18 PM
Here's a follow up to Foreclosure - A Red Hot Deal? I looked at my own dribble and found I had more to say about foreclosed homes, REO's, bank owned properties, etc. Earlier, I was telling Lauren B that pre-foreclosed houses at the county foreclosure auction really aren't something a fledgling investor or bargain hunter might want to jump into. I still stand by that advice. There are too many dangers and unknowns for the inexperienced, short-of-pocket buyer. However, what I didn't really talk about were the bank owned homes that have been assigned to a broker for listing in the local … (0 comments)
I love a good analogy and often use them in client conversations. Catching a knife could be a bloody endeavor. In this story it's one of those multi purpose knives where you can use different tools for different jobs. Often enough the tool might not have the right size, length or capability. If you can imagine this knife falling to the floor, you wouldn't want to catch it either, right? Use the following symbolism and maybe you (buyers and agents alike) may or may not take a risk in "catching" certain types "knives".
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