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CA renter.
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August 12, 2009 at 2:59 PM #444564August 12, 2009 at 4:50 PM #444673
tom
ParticipantSeems like carrying / marketing cost might be peanuts compared with what a bidding war could currently generate?
Granted, I haven’t seen any of these yet.. maybe the asking price is high.. so sure you can get it, but you’re not going to a get a great price; they’ve penciled out what the bidding war would likely generate and are asking that, or close to it. Has to be a catch somewhere.
August 12, 2009 at 4:50 PM #444852ParticipantSeems like carrying / marketing cost might be peanuts compared with what a bidding war could currently generate?
Granted, I haven’t seen any of these yet.. maybe the asking price is high.. so sure you can get it, but you’re not going to a get a great price; they’ve penciled out what the bidding war would likely generate and are asking that, or close to it. Has to be a catch somewhere.
August 12, 2009 at 4:50 PM #444605ParticipantSeems like carrying / marketing cost might be peanuts compared with what a bidding war could currently generate?
Granted, I haven’t seen any of these yet.. maybe the asking price is high.. so sure you can get it, but you’re not going to a get a great price; they’ve penciled out what the bidding war would likely generate and are asking that, or close to it. Has to be a catch somewhere.
August 12, 2009 at 4:50 PM #444267ParticipantSeems like carrying / marketing cost might be peanuts compared with what a bidding war could currently generate?
Granted, I haven’t seen any of these yet.. maybe the asking price is high.. so sure you can get it, but you’re not going to a get a great price; they’ve penciled out what the bidding war would likely generate and are asking that, or close to it. Has to be a catch somewhere.
August 12, 2009 at 4:50 PM #444073ParticipantSeems like carrying / marketing cost might be peanuts compared with what a bidding war could currently generate?
Granted, I haven’t seen any of these yet.. maybe the asking price is high.. so sure you can get it, but you’re not going to a get a great price; they’ve penciled out what the bidding war would likely generate and are asking that, or close to it. Has to be a catch somewhere.
August 12, 2009 at 5:20 PM #444625jpinpb
ParticipantJust a totally crazy thought. Why not just bypass the realtor and contact banks directly?
August 12, 2009 at 5:20 PM #444287ParticipantJust a totally crazy thought. Why not just bypass the realtor and contact banks directly?
August 12, 2009 at 5:20 PM #444872ParticipantJust a totally crazy thought. Why not just bypass the realtor and contact banks directly?
August 12, 2009 at 5:20 PM #444693ParticipantJust a totally crazy thought. Why not just bypass the realtor and contact banks directly?
August 12, 2009 at 5:20 PM #444093ParticipantJust a totally crazy thought. Why not just bypass the realtor and contact banks directly?
August 12, 2009 at 5:40 PM #444302ParticipantWell, this is a little different in that these have already been purchased from the bank/securities by some investment/venture capatalist enterprise that bought them in bulk for costco like deals, so they are hoping to make a profit by dealing in bulk.
This realtor may very well be effectively playing the role of the employee unloading them (i.e., this IS dealing with the investment firm, not a middle man). The pocket listings of course reward these agents by being on both ends of the deal. I may be horribly mangling this setup of course, since this is all new to me as of a couple hours ago 🙂
August 12, 2009 at 5:40 PM #444640ParticipantWell, this is a little different in that these have already been purchased from the bank/securities by some investment/venture capatalist enterprise that bought them in bulk for costco like deals, so they are hoping to make a profit by dealing in bulk.
This realtor may very well be effectively playing the role of the employee unloading them (i.e., this IS dealing with the investment firm, not a middle man). The pocket listings of course reward these agents by being on both ends of the deal. I may be horribly mangling this setup of course, since this is all new to me as of a couple hours ago 🙂
August 12, 2009 at 5:40 PM #444887ParticipantWell, this is a little different in that these have already been purchased from the bank/securities by some investment/venture capatalist enterprise that bought them in bulk for costco like deals, so they are hoping to make a profit by dealing in bulk.
This realtor may very well be effectively playing the role of the employee unloading them (i.e., this IS dealing with the investment firm, not a middle man). The pocket listings of course reward these agents by being on both ends of the deal. I may be horribly mangling this setup of course, since this is all new to me as of a couple hours ago 🙂
August 12, 2009 at 5:40 PM #444708ParticipantWell, this is a little different in that these have already been purchased from the bank/securities by some investment/venture capatalist enterprise that bought them in bulk for costco like deals, so they are hoping to make a profit by dealing in bulk.
This realtor may very well be effectively playing the role of the employee unloading them (i.e., this IS dealing with the investment firm, not a middle man). The pocket listings of course reward these agents by being on both ends of the deal. I may be horribly mangling this setup of course, since this is all new to me as of a couple hours ago 🙂
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