All Forum Posts by: Mark Brian

I am starting to see some REOs with phrases in the agent notes section of the MLS that state "the bank WILL prosecute ALL trespassers". Not sure how they will find out or if they are paying a neighbor to watch but I can't say that I blame them.

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Realty Juggler

http://www.realtyjuggler.com

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In my MLS you would have too opt out of sharing via IDX and then also opt out of syndicating via ListHub to have property in the MLS and no where else.

It is possible to do but not sure why anyone would want to. I want my listings exposed to as many buyers as possible.

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Sitting in my home that did NOT have any pictures in it when it hit the MLS. We had been out looking all day long at foreclosed homes and got home on a Saturday evening about 7PM.

I fired up the MLS and saw a new listing. No pictures but the price/location/size house & lot/features made this a must see. If I waited until there were pictures, I would have been SOL.

Know your market and look at the FACTS as well as the pictures.

Don't make a yes/no decision solely on the pictures or lack thereof.

That being said, why agents make a listing active without pictures is a mystery to me.

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Originally posted by Belinda Lopez:

What do you folks think about RE agents who have homes listed that are about to go to the Foreclosure auction but don't actively try to sell the property or let their clients know about alternative solutions? I've had several cases where I find homes on the upcoming auction lists (I'm in Texas) and find the home to be listed for sale with an agent. I usually send the owner a letter and contact the agent offering to take over payments, and/or buy the property quickly using "subject to" structuring.

I'm finding that most agents have no idea how to help a family about to lose their house other than traditional sales. It just makes me sad to see these families trying to actively sell their homes only to have an agent who does very little to help them.

You know what they say about the word "assume"?

Originally posted by Belinda Lopez:

I had a case last month where I contacted the agent with basic questions like, what are the monthly payments? how far are they behind on payments? She had no clue and I told her we would make up the back payments, stop the foreclosure and buy the property for the loan balance. She only called me back once and still didn't have any info, b/c she was 'busy.' I explained there was only about a week left before the home went to Foreclosure and she said she knew but then nothing. I know if I had been able to talk to the homeowners directly we probably could have worked something out.

This has happened several times over the past year with various agents and each time, the agent just seems unconcerned that the family is losing the house and will now have a foreclosure on their records. The agents are all just "too busy" to work on any alternative deal. I wonder if it's b/c they think they will lose their commission but geez, you'd think having a home listing that gets foreclosed on with no action by the agent should put some kind of blemish on the agents record.

So why should the agent trust you? What makes you think the agent should divulge his client's personal info, such as monthly payment or financial situation to some anonymous person that calls?

Put yourself in the agent's shoes. Agents know that there are plenty of con artists out there preying on distressed home owners. The agent does NOT know you and does NOT know if you are one of these sleazeballs.

Maybe you could do something to reassure the agents? Is there a way for you to show the agents that they are NOT exposing themselves to a HUGE liability by working with you?

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Originally posted by Karen Margrave:

Find something that you are passionate about, learn all you can about it, and be the best at it!

Very very true.

In real estate there can be niches for agents. Some agents work only residential, some commercial, some are buyers agents, some only list, some do REOs, etc etc.

Find what works for you that you are passionate about. I wish you much luck, success and happiness with whatever you decide is best for you.

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Originally posted by Glenn Espinosa:

Cash, no contingencies, proof of funds, 21 day close, EMD 5%-25%.

What he said!

Be a closer and not a poser.

1 Vote

Use these google searches (change the phrase "real estate" to whatever you want to rank for:

{real estate} "Notify me of follow-up comments?"+"real estate"

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"powered by wordpress" + "Mail (will not be published) (required)" + "real estate"

“Top Sites for Researching {real estate}”

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Phbb your real estate

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"[real estate]" "Post A Comment" INURL:blog name email website

"Recent Comments" "[real estate]" "Post A Comment" INURL:blog name email website

Be aware that leaving comments is an art. Some will say you can automate the process but this will open you up to getting labeled a spammer. Which will hurt your website.

I also would caution against using keywords as your name. I delete all comments from jerks that do this. If someone is nice enough to let you have a link, be nice enough to follow their comment policy.

Comments such as "Great post" are NOT what you want to leave. Actually read the articles and leave a comment directly related to the topic. Asking a question is a great way to comment.

If you only concentrate on Do Follow Links, Google will know. Mix it up. You want links but you also want people to follow the links.

3 Votes

I would suggest making your response to highest and best say $100 over next highest offer up to to a maximum of (the highest amount you would pay).

Will it work? Good old fashioned MAYBE. Depends on if the LA will explain it to the seller/AM properly. Or maybe the LA uses your offer to get their buyer to place an offer $1 above your max...

I have seen this strategy but not on a REO (was on a listing of mine). It did not work because someone else was willing to go higher than the bidder that used this strategy.

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NAR Pres has been accused of diverting cash. I wonder how this is going to turn out: http://www.ocregister.com/articles/thomas-409565-bankruptcy-gary.html

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All Forum Posts by: Mark Brian

Mark Brian has started 4 posts and replied 302 times.

Post: Is it considered trespassing?

Post: CRM for beginning real estate agent

Post: On MLS but not public?

Post: Listings with only one or no photos

Post: Real Estate Agents who let listed home go to Foreclosure auction

Post: Really Not Sure What To Do

Post: how to present low-ball offers?

Post: Backlinks for Real Estate?

Post: Does it really work - to offer "$ OVER HIGHEST"?

Post: Innocent Until Proven Guilty