TG is in escrow

[temeculaguy]

peter, I didn’t get any preference, I had the highest offer in the first two days, where it helped me was speed, less people involved, fewer schedules to coordinate and no need to deliver or drop anything off. I think using an agent for most people is the way to go but I think the years of investigative work I’ve put into this R/E thing made me smarter than the average bear, plus repos aren’t about negotiations, it’s pure bid and in this valley right now it can be a race as well. If you want to win this race, it’s won in the pits, you need a fast pit crew.

I can say that there were other “near deals” where the listing agent did seemingly grant prefernce but it usually made me feel “icky” and I’m glad I didn’t take that path. I’m also convinced I got screwed early on by using an agent, but this is not a knock to using an agent, I’m a weirdo, I’m obsessive about research, you can name a street in my zip code ad i can tell you the taxes, hoa, value, sq ft, amenities, drawbacks, all off the top of my head. I never found a realtor who could do the same, so I went it alone, I don’t reccomend it for the casual buyer. Just find an agent that isn’t working two jobs and driving kids here and there, they need to be able to move at breakneck speed for you, they need to look at their job as a job, like a fireman or anything else. All too often i found realtors who were in the game because they didn’t like real jobs, they just liked BMW’s and getting their nails done, I’ll chase those types, buy them drinks, but I’m not doing business with them.

[peterb]

TG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.

My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.

[peterb]

TG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.

My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.

[peterb]

TG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.

My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.

[peterb]

TG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.

My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.

[peterb]

TG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.

My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.

[cooperthedog]

Congratulations TG! Gotta love it when a plan comes together.

[cooperthedog]

Congratulations TG! Gotta love it when a plan comes together.

[cooperthedog]

Congratulations TG! Gotta love it when a plan comes together.

[cooperthedog]

Congratulations TG! Gotta love it when a plan comes together.

[cooperthedog]

Congratulations TG! Gotta love it when a plan comes together.

[Nor-LA-SD-guy]

Don’t know how this will effect the market:

Another strange thing I am hearing now is smallish regional banks (such as downey savings) are going into the rental market, renting out the foreclosures for the time being instead of putting them on the market.

[Nor-LA-SD-guy]

Don’t know how this will effect the market:

Another strange thing I am hearing now is smallish regional banks (such as downey savings) are going into the rental market, renting out the foreclosures for the time being instead of putting them on the market.

[Nor-LA-SD-guy]

Don’t know how this will effect the market:

Another strange thing I am hearing now is smallish regional banks (such as downey savings) are going into the rental market, renting out the foreclosures for the time being instead of putting them on the market.

[Nor-LA-SD-guy]

Don’t know how this will effect the market:

Another strange thing I am hearing now is smallish regional banks (such as downey savings) are going into the rental market, renting out the foreclosures for the time being instead of putting them on the market.

[Author]

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