Comments on: Real Estate Short Sale Key To Market Normality Says NAR

By: What Is The National Association Of Realtors Hiding From Its Members?

What Is The National Association Of Realtors Hiding From Its Members? — Fri, 19 Mar 2010 21:00:16 +0000

[...] the friendliest of blokes towards the NAR and we have been quite vocal about the puppeteering of Lawrence Yun but now we have even been left scratching our [...]

By: Barry Cunningham | Real Estate Radio USA

Barry Cunningham | Real Estate Radio USA — Wed, 07 Jan 2009 06:01:31 +0000

Hi Rebecca,

Sure homeowners can enroll. We also work with a number of prominent attorneys who we refer homeowners to at NO CHARGE to help with legal aspects of the process as well. Our course speaks about building an overall team.

Would I agree that a blog can be a great spot for agents to connect with homeowners? Absolutely! We get a ton of business from our various blogs. Unfortynately only 1-3% of ALL realtors even blog regularly…that’s a whole other problem!

By: Rebecca Levinson

Rebecca Levinson — Wed, 07 Jan 2009 03:17:58 +0000

Barry,
Is your short sales class available to consumers also? They need to be involved in the process as well.
Spoken from a former homeowner who sold her house by short sale 4 years ago, ya know, before the wave came into town.
P.S. Would you not agree, blogs can be one of the best places for agents to reach consumers about short sales?

By: Barry Cunningham | Real Estate Radio USA

Barry Cunningham | Real Estate Radio USA — Wed, 07 Jan 2009 03:01:39 +0000

“Even in a market where hardly 1% of the homes on the market are foreclosures and even less in short sale?”

Stephanie..you may need to pinch yourself. I understand that you are from the Houston area. An area where the most recent data shows there to be almost 10,000 homes on the market that are REO’s and most assuredly a great number of mortgage defaults.

Now if my math is correct, that would mean that for there to be less than 1% of the homes on the market in foreclosure then you would need to have about 1 Million homes for sale in your area.

Care to actually look and research a bit before you respond?

If you choose to work a green market in your area, that is fine. But according to a lot of the relative data would it not make sense to actually sell what buyers are aggressively looking for?

However, as I wrote above, the choice is most definitely yours. Here’s hoping you have a stellar 2009!

By: Stephanie

Stephanie — Wed, 07 Jan 2009 01:41:28 +0000

So, every agent needs to become proficient or an ‘Expert’ in short sales? Even in a market where hardly 1% of the homes on the market are foreclosures and even less in short sale?

The fact that agents pursue a niche or special market like that is great, but there are other viable niches out there.

Getting educated on any niche is great and above par. Is there a lot of not so real estate on social networking sites? Sure. But that doesn’t mean that every agent on social networking sites is lowsy. Just like every market in the Nation is overwhelmed with foreclosures and short sales.

However, I do respect your trying to raise the bar.