bank owned: Fannie/Freddie NEED to Spread their REOs out among Various Listing Agents!
- 11/19/10 11:57 AM
Has this happened to you?!? Lately I have had clients make offers on Freddie Mac REOs with the local Freddie Mac REO listing companies. In Boise, as in many communities around the country, local brokerages have a virtual monopoly on listing properties for Fannie Mae and Freddie Mac. The overwhelming number of REOs dumped onto our market has completely overwhelmed these listing agents. Of course, some of these REO agents are really great. Others agents though.... Just try getting a response from them within a week or two! We have one offer in on a Freddie Mac property and have not had a response from the listing … (0 comments)
Has this happened to you?!?
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