Crazy Asset Managers

[Bryan L.]

First, a little background. I've bought 30 or so properties, with 21 (if I counted correctly) being MLS-listed REOs/foreclosures/HUDs. That's not a huge amount, but I'm a rehabber, not a wholesaler. Anyway, I say that to say that I do have a good bit of experience buying foreclosures. But lately I"ve run into a bunch of asset managers who are very much too proud of their properties. I'm making offers that make sense, and they are not even giving me a counter-offer. Just rejecting my offer out right. They have the stuff listed too high, and don't seem to want to budge. So, I've decided to try something different. I'm just going to pester the hell out of them with offers. Maybe I will increase my offer amount by $100, or maybe $500, but I'm going to just keep on throwing offers at them. Maybe for several days in a row. Weekly for sure. I hope that they all have supervisors who will one day ask them, "why haven't you sold that stinking house yet?". Do any of the rest of you take this sort of tactic? I haven't really had to in the past.