… newsletter online for your neighborhood, would you read it? What information would it take for you to want to read it?
… newsletter online for your neighborhood, would you read it? What information would it take for you to want to read it?
I hate cold calling. I’m not likely to do it. The world is in a much better way when you call me.
I hate GETTING the calls. I bet you do, too. If you are a seller and your listing expires… you know EXACTLY what I mean. A hundred agents calling isn’t that uncommon. A long time ago I had a listing that expired (I was the agent on it) and I got 50 calls on one day… and I said in the listing that I was the agent.
I don’t want people to yell at me and hang up.
I don’t want people to set the phone down in front of the TV.
I don’t want air horns or sirens blared in my ear.
But, if you listing is expiring, or has expired… call me. We can talk about why. We can see if there is a way to get your house sold. As you might figure out from this post… I’m not going to employ thumb screws. I am not going to put on the pressure and go for the hard sell.
What I am going to do is tell you the truth. I’m also going to help you find out why your house isn’t sold. That is the goal. Right?
I did the first six parts of this on my A/R blog. I thought I would drop one here, too… Here are the previous visits to the mailbag:
Part II, When should we start to look?
Part III, New Homes inducements
Part V (A), What should we do to our house?
Part VI, Why didn’t my house sell?
I get asked a lot about foreclosures. A LOT. Seriously. Everyone is thinking that there is money to be made in foreclosures, or killer, super-duper, bona-fide deals. And… there are. But, these are dangerous waters. Navigate carefully.
What it comes down to is that there are some VERY important considerations to keep in mind when looking at foreclosures. These are also true with short sales and pre-foreclosure sales… in fact, almost ANY distressed property is going to have pitfalls.
There are only two tools that can be used to address the pitfalls. Either or both may need to be employed. Money. Time. Anything can be solved by money alone. You can simply hire someone to take care of it. Some things CAN’T be solved with just time, but time can be traded in for money.
So, since we know that no matter what, there will be expenses, and we can be sure that the “seller” won’t want to come out of pocket with a lot of allowances…
The next thing that needs to be kept in mind is that when people can’t make the house payment, or they are stretched to the absolute limit, maintenance is NOT a priority. We have a euphemism… deferred maintenance. Even in homes that look good at first glance, there will be things that have been let go.
Since everyone is asking me about foreclosures and distressed properties, I know that there is competition for the “best” deals. That’s right. Right here in the middle of a huge Buyer’s Market, there are properties that have competition. Low-ball offers and outrageous demands aren’t making it with the banks in general (even on the properties that suck…) and certainly not on the ones that are actually worth buying.
I love to get question. Email me, and I will answer your questions on my blog, or via email.
That’s right. I have the new market report, and all of the new content for the May issue of GarageHomesUSA on the site. Wander over and take a look.
I guess it is also a good time to say that I will be putting together the May issue of the GarageHomesUSA/LaneBailey newsletter. It should go out in the next couple of days. There is still time to sign up if you haven’t already.
… on GarageHomesUSA. Wander over and take a look. Here is a direct link to the report.
I was hoping that we would be seeing stronger indicators of the housing recovery at this point… we’ll have to wait for the final April numbers.
Wander over and take a look at the report.