It's an Unfortunate Situation, but a Golden Opportunity- Make it Happen!!

Real Estate Agent with Keller Williams Realty

For some of you the halt in foreclosure market is not good news.  Many agents have built their business around selling REO's and foreclosures; and that is great.  Everybody needs to find their "cup of tea" and it's not a bad business in some markets. Nobody could have predicted that these major financial institutions would actually put a halt on foreclosing.  It's really not even good news for these homeowners; it just puts them in limbo.  Are they or aren't they?

For those of you who are currently on the market re-selling your home and for the agent's that represent you  this couldn't be better news.  Guess what?  You're the only thing going in town.  Now is the time to really ramp up the marketing and get yourself out there.  This is a golden opportunity to take advantage of a truly unfortunate situation, especially here at the end of the year.  Yesterday I talked about how the 4th quarter can be amazing if YOU make it happen.  Here is your chance to make it happen. Less bank owned properties also means that appraisals will go up and inventory will decrease.  Good news all around!

Now Realtors get out there and make it happen!  Let's sell some homes and make some sellers happy!! Not to mention some motivated and eager buyers!!

Rachel McLendon Behme
Keller Williams Realty
Affiliate Broker, ABR
100 Bluegrass Commons, Ste. 2100
Hendersonville, TN 37075

D (615)822-8585

Comments (2)

Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Rachel, this could be an excellent time for sellers to sell if they are needing to sell.  The limbo status may be with us for some time, but it will not stop all sales. 

Oct 14, 2010 05:10 AM
Bryan Robertson
Los Altos, CA

The inability to buy a foreclosure will help existing inventory get sold so we can get to a balance between inventory and the buyer pool.

Oct 14, 2010 05:11 AM