I got a good laugh this morning. Checking out a listing in a high end subdivision. The listing brokerage has specialized in high end listings for many years. Guess sales are getting lean.
Out of NOWHERE, their web site claims they are "The area's only brokerage specializing in REO properties." They have fewer total listings than we have REOs. We have 120 REOs and 39 in the pre-list and they have about 6 total listings and only about 2 are REO.
Is this fake it 'til you make it or just flat out lying?
Anybody else out there seeing all these "specialists" and "experts" popping up?
If they are experts, I am Supreme Commander of the REO Universe :-)
Buyers beware. Sellers beware.
Having fun in Florida.