[sdrealtor]

I handle a lot of short sales and the single most important thing I look for is an agent that stays in touch with me regulalrly during the approval process. In the typical short sale, I submit an offer to a lender I think will get approved AND that I beleive is at a price I can replicate. If some lunatic buyer submits a crazy high offer, I dont want to submit that one because if approved I then have to find another fool who can do the same. I’d much rather get an approval at a reasonable price and then go back to fool after I have the approval to see if they are still there.

In most cases, buyer #1 is gone and I have an approved short sale without a buyer. I then get to pick who gets the house in most cases among a handful of buyers who are still interested. Sometimes, I have a buyer that will pay more than the approval amount, sometimes I have to go back to the group and say here’s the price, who wants it and sometimes I have to bring a lower offer.

Regardless, the agent that has stayed in touch through the 30 to 60 days it takes me to get the approval stands the best chance of getting the house for their buyer.

[sdrealtor]

peterb

I never recommended people take action no matter the outcome. the truth is I am extremely coservative. A good 50% of the people I work with end up not buying a house from me because I make them wait for the right thing. For them it’s easier to find someone who will let them do what they want to just get it over with. its never that simple with me.

I dont benefit from any of the real estate transactions that people on this board participate in, at least not to my knowledge. I try to get people to think a little deeper and break outside of the boxes they are trapped in. For years those boxes contained thoughts that you had to buy a home no matter what. Now those boxes contain thoughts that there is no good reason to buy a house now no matter what. Neither is correct or a healthy state of mind.

[sdrealtor]

peterb

I never recommended people take action no matter the outcome. the truth is I am extremely coservative. A good 50% of the people I work with end up not buying a house from me because I make them wait for the right thing. For them it’s easier to find someone who will let them do what they want to just get it over with. its never that simple with me.

I dont benefit from any of the real estate transactions that people on this board participate in, at least not to my knowledge. I try to get people to think a little deeper and break outside of the boxes they are trapped in. For years those boxes contained thoughts that you had to buy a home no matter what. Now those boxes contain thoughts that there is no good reason to buy a house now no matter what. Neither is correct or a healthy state of mind.

[sdrealtor]

peterb

I never recommended people take action no matter the outcome. the truth is I am extremely coservative. A good 50% of the people I work with end up not buying a house from me because I make them wait for the right thing. For them it’s easier to find someone who will let them do what they want to just get it over with. its never that simple with me.

I dont benefit from any of the real estate transactions that people on this board participate in, at least not to my knowledge. I try to get people to think a little deeper and break outside of the boxes they are trapped in. For years those boxes contained thoughts that you had to buy a home no matter what. Now those boxes contain thoughts that there is no good reason to buy a house now no matter what. Neither is correct or a healthy state of mind.

[sdrealtor]

peterb

I never recommended people take action no matter the outcome. the truth is I am extremely coservative. A good 50% of the people I work with end up not buying a house from me because I make them wait for the right thing. For them it’s easier to find someone who will let them do what they want to just get it over with. its never that simple with me.

I dont benefit from any of the real estate transactions that people on this board participate in, at least not to my knowledge. I try to get people to think a little deeper and break outside of the boxes they are trapped in. For years those boxes contained thoughts that you had to buy a home no matter what. Now those boxes contain thoughts that there is no good reason to buy a house now no matter what. Neither is correct or a healthy state of mind.

[sdrealtor]

peterb

I never recommended people take action no matter the outcome. the truth is I am extremely coservative. A good 50% of the people I work with end up not buying a house from me because I make them wait for the right thing. For them it’s easier to find someone who will let them do what they want to just get it over with. its never that simple with me.

I dont benefit from any of the real estate transactions that people on this board participate in, at least not to my knowledge. I try to get people to think a little deeper and break outside of the boxes they are trapped in. For years those boxes contained thoughts that you had to buy a home no matter what. Now those boxes contain thoughts that there is no good reason to buy a house now no matter what. Neither is correct or a healthy state of mind.

[sdrealtor]

Capeman
You forgot #6 which is you know you will live a long life and not get hit by a beer truck while crossing the street. This too is a realistic possibility.

Someone made a great comment on a thread recetnly adn it might have been this one. It went something like this. If I have a job and a good financial situation now, why should I wait for all the recently jobless and distressed to recover when there will be more competition.

Life is short and if you want to try to eliminate all risk in your life, no one can stop you. I choose to live my life while recognizing the risks and preparing for them. Others choose the same. No one is advocating going out and buying the 1st piece of over priced crap you see. With that said, their are and will continue to be wonderful opportunities that can be exploited. There is no bottom, only the bottom you create for yourself.

[sdrealtor]

Capeman
You forgot #6 which is you know you will live a long life and not get hit by a beer truck while crossing the street. This too is a realistic possibility.

Someone made a great comment on a thread recetnly adn it might have been this one. It went something like this. If I have a job and a good financial situation now, why should I wait for all the recently jobless and distressed to recover when there will be more competition.

Life is short and if you want to try to eliminate all risk in your life, no one can stop you. I choose to live my life while recognizing the risks and preparing for them. Others choose the same. No one is advocating going out and buying the 1st piece of over priced crap you see. With that said, their are and will continue to be wonderful opportunities that can be exploited. There is no bottom, only the bottom you create for yourself.

[sdrealtor]

Capeman
You forgot #6 which is you know you will live a long life and not get hit by a beer truck while crossing the street. This too is a realistic possibility.

Someone made a great comment on a thread recetnly adn it might have been this one. It went something like this. If I have a job and a good financial situation now, why should I wait for all the recently jobless and distressed to recover when there will be more competition.

Life is short and if you want to try to eliminate all risk in your life, no one can stop you. I choose to live my life while recognizing the risks and preparing for them. Others choose the same. No one is advocating going out and buying the 1st piece of over priced crap you see. With that said, their are and will continue to be wonderful opportunities that can be exploited. There is no bottom, only the bottom you create for yourself.

[sdrealtor]

Capeman
You forgot #6 which is you know you will live a long life and not get hit by a beer truck while crossing the street. This too is a realistic possibility.

Someone made a great comment on a thread recetnly adn it might have been this one. It went something like this. If I have a job and a good financial situation now, why should I wait for all the recently jobless and distressed to recover when there will be more competition.

Life is short and if you want to try to eliminate all risk in your life, no one can stop you. I choose to live my life while recognizing the risks and preparing for them. Others choose the same. No one is advocating going out and buying the 1st piece of over priced crap you see. With that said, their are and will continue to be wonderful opportunities that can be exploited. There is no bottom, only the bottom you create for yourself.

[sdrealtor]

Capeman
You forgot #6 which is you know you will live a long life and not get hit by a beer truck while crossing the street. This too is a realistic possibility.

Someone made a great comment on a thread recetnly adn it might have been this one. It went something like this. If I have a job and a good financial situation now, why should I wait for all the recently jobless and distressed to recover when there will be more competition.

Life is short and if you want to try to eliminate all risk in your life, no one can stop you. I choose to live my life while recognizing the risks and preparing for them. Others choose the same. No one is advocating going out and buying the 1st piece of over priced crap you see. With that said, their are and will continue to be wonderful opportunities that can be exploited. There is no bottom, only the bottom you create for yourself.

[sdrealtor]

It’s easier for some folks to sit in a dark corner full of fear and afraid of the future. Some choose to stay there. Others see opportunity and create their own bottoms by doing lots of homework and finding a home they love at price below current market conditions.

[sdrealtor]

It’s easier for some folks to sit in a dark corner full of fear and afraid of the future. Some choose to stay there. Others see opportunity and create their own bottoms by doing lots of homework and finding a home they love at price below current market conditions.

[sdrealtor]

It’s easier for some folks to sit in a dark corner full of fear and afraid of the future. Some choose to stay there. Others see opportunity and create their own bottoms by doing lots of homework and finding a home they love at price below current market conditions.

[sdrealtor]

It’s easier for some folks to sit in a dark corner full of fear and afraid of the future. Some choose to stay there. Others see opportunity and create their own bottoms by doing lots of homework and finding a home they love at price below current market conditions.

[Author]

Posts