Tara Nagelhout and the Burden of Being Brilliant: December 2010

Saturday, December 4, 2010

The importance of caring for your REO listing

During the influx of foreclosure listings we have experienced, one thing I have noticed is the lack of attention certain agents give to their listings. Why? Well, with a normal listing, especially owner occupied, we as agents are being watched. The seller is here, they are real, and they are watching what we are doing. With an REO, there is an asset manager in some other state and they are unable to really monitor our activities.

But here is the deal.....whose best interest is it in to get the REO listing sold? The investor? Yes. The neighbors of the property? Yes. Me, the Realtor listing the house? DARN RIGHT! And so.....as the Realtor getting paid if and ONLY if the listing sells.....why do some just slap up a photo of the front of the house and call it good?

It costs a lot of time and money to effectively market and present a property, but that is what we get paid for.

The following are before and after photos of my most current foreclosure (REO) listing.....you be the judge.