Many short sales get declined because a BPO comes in bad. But that did not have to be the case. You can do things to effect the BPO. Watch this and see how I try to get the BPO to come in, not what I want, but what it should be.
Top 10 real estate posts of the day for 3/17/2010
March 17, 2010 By 1 Comment
Here is today’s list of top real estate posts of the day.
1) HVCC and AMCs Violate RESPA?] Here’s a possible solution – Holding the banks more accountable, This is long fairly dry post, but worth the ready. The problem is it almost makes sense, so what chance does it have.
2) An RPR Q&A Overview from Leading RE – So what is this RPR thing everyone has been talking about for six months now. If you want to get caught up quick this is for you.
3) Want Smooth Sailing? The Short Sale Listing Agent and the BPO – If you list short sales read this… “So, if you are a lazy listing agent who has little interest in your deal closing successfully, that’s cool. Don’t go to meet the agent preparing the BPO. But, if you want to be a super successful short sale listing agent and see more closings than ever before, get out of bed and go meet the agent at the door!” – I would take it one step further, meet them with photos on a thumbdrive and comps in hand. They are not making that much money, make their job easier.
4) Online real estate opportunity screams – are you listening? – Why is Marc comparing a house to a pair of sneakers? Read it and find out, then chances are most agents will be kicking themselves.
5) Trulia’s VP of Marketing Heather Fernandez on CNBC: The Search for a New Home – Could there be a trend where after the foreclosures are picked through in a market the market in that city just crashes?
6) Cash for Appliances Program – One of our jobs as real estate agents is to bring value added to our clients. Letting them know about programs like this is one way to do it.
7) Phoenix home buyers, are you being realistic? – A conversation I have with buyers on a daily basis. Yet for some reason few want to believe me until they loose the first 4 houses they make an offer on. Then they start to get it.
8) I Wasn’t Going To Buy This House Until I Saw The Realtor’s Headshot On The Sign – A little comedy for you on this St. Patrick’s Day. Enjoy, it is worth the read. (H/T Jim Duncan)
9) Adjustable Rate Mortgage Talk – Is your market strategy prepared for where your market is headed over the next few years? Which by the way may not be that different than it has been for the last six months.
10) Storytelling through Real Estate Video. Take two. – If you have looked around my blog at all here you know I am in love with video. This is just a “WOW” video when it comes to marketing a house.
Top 5 real estate posts for 8/28/2009
August 28, 2009 By Leave a Comment
1) Multiple offers and appraised value: Be aware – Justin McHood takes a look at what happens in the markets where bidding wars are happening.
2) CMA and BPO and Appraisal! Oh my! – What is the difference between the three? This post explains them.
3) Short sales, a buyers perspective – Great advice from Heather. If the price on that short sale appears to be to good, it probably is.
4) How to give your brand an instant facelift – NikNik talks about building your brand online with your avatar, website and social media pages.
5) SEO ranking factors 2009 – Some good tech tips for real estate bloggers, but remember by the time you are done reading it Google will change their algorithm again.
