Educate me on REOs

[SD Transplant]

I’ve seen the few last posts about REO sales yet wanted to get a little more guidance with respect to strategies on a REOs:

ASSUMPTIONS:
– I’ll go straigth to the listing agent
– I do understand that certain properties will be listed low to get multiple offers

MY DUMB QUESTIONS:
– is there a way to get a detail report (% and/or numbers) for a certain ZIP code for REO listing price vs. final sale price?
– I have a REO in mind, so if any of our pigg realtors have a couple of min to check the MLS #,I can PM the details(thanks in advance)

P.S. My current SS deal is very typical (2 months with just the approval letter from the 2nd lien holder – still awaiting the final SS approval). The reason I’m sticking around is that I have a 4.25% rate lock on it which is now in the extension stages (so, we’re close to becoming another unhappy statistic).

[sdrealtor]

Send me the MLS and whatever else you want and I will look it up after i get my kids to bed. The thing about going directly to the listing agent is most applicable if it is a new listing agressively priced that has multpile offers on it. If it is one that is sitting on the market a week or more you are usually better off not going to the listing agent and having an agent who is hammering the price down on your behalf which the listing agent wont do.

[sdrealtor]

Send me the MLS and whatever else you want and I will look it up after i get my kids to bed. The thing about going directly to the listing agent is most applicable if it is a new listing agressively priced that has multpile offers on it. If it is one that is sitting on the market a week or more you are usually better off not going to the listing agent and having an agent who is hammering the price down on your behalf which the listing agent wont do.

[sdrealtor]

Send me the MLS and whatever else you want and I will look it up after i get my kids to bed. The thing about going directly to the listing agent is most applicable if it is a new listing agressively priced that has multpile offers on it. If it is one that is sitting on the market a week or more you are usually better off not going to the listing agent and having an agent who is hammering the price down on your behalf which the listing agent wont do.

[sdrealtor]

Send me the MLS and whatever else you want and I will look it up after i get my kids to bed. The thing about going directly to the listing agent is most applicable if it is a new listing agressively priced that has multpile offers on it. If it is one that is sitting on the market a week or more you are usually better off not going to the listing agent and having an agent who is hammering the price down on your behalf which the listing agent wont do.

[sdrealtor]

Send me the MLS and whatever else you want and I will look it up after i get my kids to bed. The thing about going directly to the listing agent is most applicable if it is a new listing agressively priced that has multpile offers on it. If it is one that is sitting on the market a week or more you are usually better off not going to the listing agent and having an agent who is hammering the price down on your behalf which the listing agent wont do.

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