He immediately called me, and I drove 45 minutes to meet this woman.She wasn't emotionally ready to sell at that point, but we gave her our business card and told her to call us when she was ready, or if she just needed some help with any aspect of the house.

I just wanted to make sure this was the proper way to go about this.Chris, I would have to agree with you on the deposit aspect.

Can a bank do a "short sale" under the benefits established by regulatorsif the borrower is current with the loan....no. while the people in the bank may call it a short sale, it may not be in the strictest of terms under the guidelines established.But, that does not mean that someone can't negoiate a payoff and in so doing, the bank may apply many of the aspects or requirements that are truly "required" for the short sale.

@J Scott Since I'm still new to BP community - Thank you so much for the list, and I have yet to do partnership with members of BP but there seems to be lots of opportunity to grow in every aspect of real estate business.

Sounds like a great idea, any limitations on how it is to be used as a promotional aspect?

A Realtor relocation aspect might have some merit, but a Realtor in LA really won't be involved in a deal in Little Rock.So all the noise about getting leads might be great for some, but unless they are traded to people in the immediate area of the lead, I can't see much use for them.

It seems to me that it quite worthwhile to share what you can about who you are, what you do, what your local sphere of influence is (at least state), website, blog, etc.I scratch my head sometimes because it seems like someone's profile is the major starting point for letting the community know who and what you are about.Sure we get to know you even better through your posts and comments, but this seems like an important aspect for your business and for building connections.Perhaps some of you can share the rational.

I certainly understand focusing on one marketing aspect and perfecting that niche.

I believe the best reason is economies of scale which is incorporated into several aspects of aprtment buildings such as:Management, repairs/maintenance, loan (one loan, multiple doors), utilities, etc.Also, if you lose 3 tenants in a 50 unit building, you just lost only 6% of your tenants, if you lose just one in an SFR, you are 100% vacant.The second best reason is forced appreciation.

This is not based on any scientific data, just my observation from looking at other CL ads and talking to tenants.Also, the property with separate utilities commands a higher price than one with utilities included, so there's more financial incentive at the back end when you sell.