The area seems to have high inventory relative to the rest of Cleveland.

Sec.The ConcernIf we use Vegas as an example, there are 50-60,000 properties(The Shadow Inventory) that have NOD's filed and not moved forward to Trustee Sale.

The market where I live in San Diego is down to about a month's worth of active inventory, and the competition appears too intense for a small rookie investor like me to acquire any real deal.

In fact, I personally feel that a large number of real estate investors on BP are trying to get a handle on hard money and private money, because they are buying properties as a business with no personal or residential use intended, much as a builder of single family homes has houses for inventory.

I've noticed some big changes in price (higher) and inventory (lower) just in the last six months or so in my in my area.

In addition to completed foreclosures, there are about 1.3 million properties in the foreclosure inventory.

For instance, if your market is like mine where there is very little inventory available and it's hard to get the inventory that is available, then I personally wouldn't have a problem with you taking a $20k fee if there really is $60k left over in the deal for me.

There's definitely a shortage of inventory and there's financing available for buyers.Everywhere I look I'm hearing about pension funds swallowing up inventory and unlike the small investors who put the properties back on the market, these guys are holding them.

There is a lack of inventory which is causing an increase in price because of high demand.

Doesn't mean they work very well or are productive in the end.Think of it this way.You are a broker/agent for example and carry lot's of inventory or are a buyers agent with access to off market properties though your connections.One buyer calls up and says " I want to buy this property but will you rebate part of your listing commission to me " or the buyer ask the same of a buyers broker.The person trying to squeeze me goes to the absolute bottom of the list to work with or present deals too.