Anyone Could Practically Make Money Selling Real Estate

Category: Finance, Real Estate.

Many investors today have been looking in different areas to invest in.

When approaching a new market the first thing I like to do is call Realtor signs to test out a couple of agents and go from there. The majority of time you have to find a new real estate agent in that target area that will fit your needs. Usually this is a decent way to find an agent to start looking. I think out of ten agents one responded within twenty- four hours. Typically I would get a response in a few days a most, but now the time frame is just ridiculous. A few agents have gotten back to me and they all have say that they are just so busy. If they only had a few it would not be bad but a few dozen is more like it.

The bank owned properties just take so much of their time in the day. My personal Realtor has her own little office in the downtown area where I live. Currently she has at least fifty bank owned properties the last time I checked. She is the only agent in her office at the moment. I know she is just plain swamped and she only has one secretary. All of the real estate offices around me just keep on getting more listings from the banks every week. I mean two people are dealing with that many properties is just crazy.

If they could at least sell a few here there that wouldn t be bad. I have to say that these real estate agents are probably going insane with all the work from the banks. If they are lucky they can sell a couple in a month at most. In some areas the banks are trying to move their inventories by discounting them by high percentages. They out right will not even open the lines of negotiating without getting their asking price. In other areas they won t even discount them at all.

What are these banks thinking? You can now see who is a real real estate agent not just some one chasing the dollars. I give some credit to these agents they are working really hard to stay alive. In most areas the banks will eventually have to lower their prices to get rid of their inventory. In the past number of years the number of real estate agents increased exponentially. If the agents can stay alive to this point it would have not been in vain. Anyone could practically make money selling real estate.

I am still finding a lot of great real estate agents out there it is just taking more time and work to achieve.