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jimg111
ParticipantThat’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.
jimg111
ParticipantThat’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.
jimg111
ParticipantThat’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.
jimg111
ParticipantThat’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.
jimg111
ParticipantIt really just depends on the bank selling the asset, some require that no offers are even considered until the asset has been listed for a minimum of 7 days. In this case it may be that the asset manager accepts the first offer at full price and is clean, this is a definite advantage to the listing agent as they can show the property long before the public can but ultimately it is the seller’s choice to accept that first offer and not review others. Maybe poor judgement by the bank by not letting all offers to get in for consideration but just good work by the listing agent getting a full price offer in at listing assignment. Banks require a copy of the MLS listing within 24 hours so agents don’t withhold properties.
jimg111
ParticipantIt really just depends on the bank selling the asset, some require that no offers are even considered until the asset has been listed for a minimum of 7 days. In this case it may be that the asset manager accepts the first offer at full price and is clean, this is a definite advantage to the listing agent as they can show the property long before the public can but ultimately it is the seller’s choice to accept that first offer and not review others. Maybe poor judgement by the bank by not letting all offers to get in for consideration but just good work by the listing agent getting a full price offer in at listing assignment. Banks require a copy of the MLS listing within 24 hours so agents don’t withhold properties.
jimg111
ParticipantIt really just depends on the bank selling the asset, some require that no offers are even considered until the asset has been listed for a minimum of 7 days. In this case it may be that the asset manager accepts the first offer at full price and is clean, this is a definite advantage to the listing agent as they can show the property long before the public can but ultimately it is the seller’s choice to accept that first offer and not review others. Maybe poor judgement by the bank by not letting all offers to get in for consideration but just good work by the listing agent getting a full price offer in at listing assignment. Banks require a copy of the MLS listing within 24 hours so agents don’t withhold properties.
jimg111
ParticipantIt really just depends on the bank selling the asset, some require that no offers are even considered until the asset has been listed for a minimum of 7 days. In this case it may be that the asset manager accepts the first offer at full price and is clean, this is a definite advantage to the listing agent as they can show the property long before the public can but ultimately it is the seller’s choice to accept that first offer and not review others. Maybe poor judgement by the bank by not letting all offers to get in for consideration but just good work by the listing agent getting a full price offer in at listing assignment. Banks require a copy of the MLS listing within 24 hours so agents don’t withhold properties.
jimg111
ParticipantIt really just depends on the bank selling the asset, some require that no offers are even considered until the asset has been listed for a minimum of 7 days. In this case it may be that the asset manager accepts the first offer at full price and is clean, this is a definite advantage to the listing agent as they can show the property long before the public can but ultimately it is the seller’s choice to accept that first offer and not review others. Maybe poor judgement by the bank by not letting all offers to get in for consideration but just good work by the listing agent getting a full price offer in at listing assignment. Banks require a copy of the MLS listing within 24 hours so agents don’t withhold properties.
jimg111
ParticipantFalse, SDR. I am one of those REO guys and we have been told to ramp all systems up for serious assignments this month, received 11 just last week and they said you ain’t seen nuthin yet. Most were vacant and already rekeyed MONTHS ago! Means the phantom inventory is real and here it comes….
BTW I’m not trying to be a contrarian to your post, just stating the facts I have heard from the horse’s mouth.jimg111
ParticipantFalse, SDR. I am one of those REO guys and we have been told to ramp all systems up for serious assignments this month, received 11 just last week and they said you ain’t seen nuthin yet. Most were vacant and already rekeyed MONTHS ago! Means the phantom inventory is real and here it comes….
BTW I’m not trying to be a contrarian to your post, just stating the facts I have heard from the horse’s mouth.jimg111
ParticipantFalse, SDR. I am one of those REO guys and we have been told to ramp all systems up for serious assignments this month, received 11 just last week and they said you ain’t seen nuthin yet. Most were vacant and already rekeyed MONTHS ago! Means the phantom inventory is real and here it comes….
BTW I’m not trying to be a contrarian to your post, just stating the facts I have heard from the horse’s mouth.jimg111
ParticipantFalse, SDR. I am one of those REO guys and we have been told to ramp all systems up for serious assignments this month, received 11 just last week and they said you ain’t seen nuthin yet. Most were vacant and already rekeyed MONTHS ago! Means the phantom inventory is real and here it comes….
BTW I’m not trying to be a contrarian to your post, just stating the facts I have heard from the horse’s mouth.jimg111
ParticipantFalse, SDR. I am one of those REO guys and we have been told to ramp all systems up for serious assignments this month, received 11 just last week and they said you ain’t seen nuthin yet. Most were vacant and already rekeyed MONTHS ago! Means the phantom inventory is real and here it comes….
BTW I’m not trying to be a contrarian to your post, just stating the facts I have heard from the horse’s mouth. -
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