I was wondering what people thought about giving free foreclosure lists to the public. I would love to get some feedback from agents and the public in general.
My office offers a packet to get basic information/instruction out to the general population, and I have noticed a lot of people really appreciate it.
I think we as agents, lose site of the fact that most people are not focusing on all the ins and outs of the real estate market. When I start to have conversations with people, I keep assuming that people know what a short sale is, or what a foreclosure is. But the truth is, most people are not aware of exactly what the term short sale is, and if it is different than a foreclosure.
In that respect, I can see how it would be helpful. But usually the homes are already listed, and you will no doubt have to go through some extra steps to purchase a home that is a "short sale". So is it something that you should just bring up if the customer wants to look at a specific home that happens to be a short sale, or should you market the short sale homes ahead of time?
My guess is it is a different scenario for each customer depending on their situation. What do you think? All feedback is appreciated!
Patrick Johnson, ABR E-pro
Windermere RE
Bellingham Wa.
