ARCHIVED BLOG POSTS
2009
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REO Buyers: If you are in the market for REO (bank owned) homes in the La Quinta CA and surrounding areas, you probably know by now that they tend to sell fast. (REO homes, not short sales). You need to know about them as soon as they are listed on MLS. If you would like to receive an automatic ...
07/30/2009
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I have a question.... what is a fair and equitable referral fee to pay another agent for a referral? This would be mainly an introduction to a client where you either get a listing (which eventually sells) or an introduction to a buyer who ends up buying a home? No other work involved by the agen...
07/26/2009
So, I decided to attend a workshop last week, on "Strategies of Successful REO Agents!". It was sponsored by the California Desert Association of Realtors (CDAR) and the cost was only $5.00 for a 3-hour workshop. I'm thinking that's a pretty good deal and I wouldn't mind learning more about REO's...
07/19/2009
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I came across some interesting information recently that may help shed new light on why short sales (short pays) are so difficult and time consuming and so often end up going nowhere (except to foreclosure). Under a short sale, we can pretty much assume the bank will incur a realized loss on the...
07/19/2009