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January 27, 2011 at 7:48 AM #658623January 27, 2011 at 7:49 AM #658690SD RealtorParticipant
I have no concrete proof of anything. Once upon a time I was told Asset managers, (and even negotiators for short sales) somehow get rated for performance partly based on closing prices.
I don’t know if there is a grain of truth to that at all. I don’t know if it is only the closing price or it is the net of the proceeds.
Anyways one would have to talk to the agent to get the real story. JP you can sniff that stuff out, call the LA and act like an interested buyer and see what they say.
January 27, 2011 at 7:49 AM #659759SD RealtorParticipantI have no concrete proof of anything. Once upon a time I was told Asset managers, (and even negotiators for short sales) somehow get rated for performance partly based on closing prices.
I don’t know if there is a grain of truth to that at all. I don’t know if it is only the closing price or it is the net of the proceeds.
Anyways one would have to talk to the agent to get the real story. JP you can sniff that stuff out, call the LA and act like an interested buyer and see what they say.
January 27, 2011 at 7:49 AM #659431SD RealtorParticipantI have no concrete proof of anything. Once upon a time I was told Asset managers, (and even negotiators for short sales) somehow get rated for performance partly based on closing prices.
I don’t know if there is a grain of truth to that at all. I don’t know if it is only the closing price or it is the net of the proceeds.
Anyways one would have to talk to the agent to get the real story. JP you can sniff that stuff out, call the LA and act like an interested buyer and see what they say.
January 27, 2011 at 7:49 AM #658628SD RealtorParticipantI have no concrete proof of anything. Once upon a time I was told Asset managers, (and even negotiators for short sales) somehow get rated for performance partly based on closing prices.
I don’t know if there is a grain of truth to that at all. I don’t know if it is only the closing price or it is the net of the proceeds.
Anyways one would have to talk to the agent to get the real story. JP you can sniff that stuff out, call the LA and act like an interested buyer and see what they say.
January 27, 2011 at 7:49 AM #659293SD RealtorParticipantI have no concrete proof of anything. Once upon a time I was told Asset managers, (and even negotiators for short sales) somehow get rated for performance partly based on closing prices.
I don’t know if there is a grain of truth to that at all. I don’t know if it is only the closing price or it is the net of the proceeds.
Anyways one would have to talk to the agent to get the real story. JP you can sniff that stuff out, call the LA and act like an interested buyer and see what they say.
January 27, 2011 at 8:40 AM #659451NotCrankyParticipantWhat was the listing price? I agree with Carenter, FHA works as leverage against many buyers. Not saying it applies in this instance, but it does when the seller can say O.K. mr. weak buyer/renter. I’ll give you closing costs in exchange for top dollar. Appraisers almost always hit the numbers even if the offer is listing plus closing cost. This is how it used to work anyway. Maybe it’s different now.
January 27, 2011 at 8:40 AM #659313NotCrankyParticipantWhat was the listing price? I agree with Carenter, FHA works as leverage against many buyers. Not saying it applies in this instance, but it does when the seller can say O.K. mr. weak buyer/renter. I’ll give you closing costs in exchange for top dollar. Appraisers almost always hit the numbers even if the offer is listing plus closing cost. This is how it used to work anyway. Maybe it’s different now.
January 27, 2011 at 8:40 AM #658648NotCrankyParticipantWhat was the listing price? I agree with Carenter, FHA works as leverage against many buyers. Not saying it applies in this instance, but it does when the seller can say O.K. mr. weak buyer/renter. I’ll give you closing costs in exchange for top dollar. Appraisers almost always hit the numbers even if the offer is listing plus closing cost. This is how it used to work anyway. Maybe it’s different now.
January 27, 2011 at 8:40 AM #658710NotCrankyParticipantWhat was the listing price? I agree with Carenter, FHA works as leverage against many buyers. Not saying it applies in this instance, but it does when the seller can say O.K. mr. weak buyer/renter. I’ll give you closing costs in exchange for top dollar. Appraisers almost always hit the numbers even if the offer is listing plus closing cost. This is how it used to work anyway. Maybe it’s different now.
January 27, 2011 at 8:40 AM #659779NotCrankyParticipantWhat was the listing price? I agree with Carenter, FHA works as leverage against many buyers. Not saying it applies in this instance, but it does when the seller can say O.K. mr. weak buyer/renter. I’ll give you closing costs in exchange for top dollar. Appraisers almost always hit the numbers even if the offer is listing plus closing cost. This is how it used to work anyway. Maybe it’s different now.
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