As of tonight, this REO is still marked as an active listing. Yet the agent responded with the typical supreme confidence that permeates the business these days.
He sent this via a text message, “Sorry, but you’re way too late to this party. We had 30 offers. The bank has selected one.”
It’s been on the market seven days.
HT to daytrip for this:
http://www.myfoxdc.com/story/21481590/realtor-arrested-for-stealing-clothes-from-home-for-sale#axzz2McTZZ6lL
Have been following your blog for some time now and I must say its very entertaining (not to say tremendously informative). Thanks for sharing your findings.
I’ve been trying to buy for a year now, having turned down great deals last year for not being ‘the perfect home’. bathrooms like the above were deal breakers.
Now I can just blame myself for being an idiot and waiting too long – I put 5 offer in two weeks, all above listing, and *still* no chance on this crazy bidding war.
Woke up one day and tats it – I’m out of the game.
The question is – for how long? how long ?!
Have you considered having me be your realtor?
Was that realtor looking through drawers looking for undies to wear?
lui- sounds like you missed the boat again. How many years you have to wait to buy is anyone’s guess at this point. Market cycles can last a long time. Maybe its time to look in another geographical area where prices are cheaper?
@lui
I can’t recommend Jim enough as your realtor. He has been mine and has done everything in his power to make me happy with the perfect home. Like you, I, too, was way too picky and missed the boat. But it’s not for lack of trying on Jim’s part – he is simply phenomenal.
I don’t mind missing the boat when it’s the Titanic.
It’s great that the market is hot ‘n’ all, but why do agents have to sound like total jackholes about it?