So I was cruising through the headlines today and came across a clip about people boarding a van and a "short" bus in a strip mall parking lot to go look at foreclosure listings.
The first two men-in-charge interviewed (and you could tell who were in charge because they were wearing orange t-shirts over their own shirts with foreclosure websites and phone numbers plasterd all over them) went on about the great deals in the foreclosure marketplace.
The interviewed prospective clients were out-of-towners-from Colorado and Ontario, Canada - looking for a vacation or retirement home. Another man-in-charge interviewed as the bus boarded and at again at the first home ended up being the investor/owner of the property. He said he went door to door to homes in the neighborhood to let sellers know how he could help them sell their homes by bringing clients to them with his bus tour!
Is this a case of entrepreneur-ism? Where was the real professional - the Realtor? Either he didn't exist or he was too embarrassed to talk to the media. Has our real estate market fallen so low that anyone can gather a group of people off the street, rent a bus and talk desperate sellers into letting them into their homes on the guise of legitimate business??
Sounds way too risky to me - to everyone involved!
Comments(3)