Short Sales, Foreclosures, and Specials

By
Real Estate Agent with AllMountainRealty.com

Short sales, foreclosures,and specials are all words that make folks lose there reason and good sense. The only word that matters in a real estate transaction is value. If you are getting good value then the deal is good. If the value is not there then it does not matter if the home is a special, foreclosure, or short sale. So if you are out looking for a home the MAIN limiting factor you should have is value. 

When you call us at All Mountain Realty that's what you will find. Folks call us all the time and ask about foreclosures, HUD homes, Specials, and Short sales. We tell them we will work with them to find value. Part of being a Realtor is helping to educate your client.

A blog this morning talked about having your values and using them rather than making your clients values your values. Now you should ALWAYS work with your customers wants and desires. But unless you have a client that wants to spend more money than necessary for a property then it is important for you to educate them on value

No offense meant to those who market as short sale specialists and foreclosure specialists. But I would like to see more marketing as VALUE specialists

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

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Ambassador
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

We are here to serve the community. Many people are still unsure about short sales and loan modifications.

Jan 21, 2010 11:36 PM #1
Rainmaker
594,925
Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

Charlie so true.  Everyone wants a foreclsoure bargain...but when you take into consideration repairs, etc, often times the purchase price and repairs total much more than a similar home in good condition would cost!  You're right, it's all about value!

Jan 22, 2010 12:15 AM #2
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Jeanean Gendron
The Address Realty - Redding, CA
Specializing in Selling Unique Properties

Charlie, I am so with you. I love your statement:

Short sales, foreclosures,and specials are all words that make folks lose there reason and good sense. The only word that matters in a real estate transaction is value.

I don't think that I have every gotten down to just one complete sentence. I'm bookmarking this so I can remember how you stated it. Great post!

Jan 22, 2010 01:39 AM #3
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Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Charlie,

Excellent advice. It really is about value. So many buyers expect to get a foreclosure or short sale for 50 cents on the dollar. It's not going to happen around here, thats for sure.

Rich

Jan 22, 2010 06:52 AM #4
Rainmaker
317,311
Liz Loadholt
Liz Loadholt- AgentOwned Realty- Covering SC - Mount Pleasant, SC
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC

Charlie ---- what a great prospective -- I like it --- value specialists.
                                                                   

Jan 22, 2010 08:30 AM #5
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