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Updated over 16 years ago on . Most recent reply

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Dennis Treacy
  • Contractor
  • Philadelphia, PA
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Non-responsive RE agents

Dennis Treacy
  • Contractor
  • Philadelphia, PA
Posted

I am trying to figure out something lately, aren't we in a RE sales decline?
Most of the agents I know are twiddling their thumbs, or giving free tours of the city showing properties with few offers to show for it.

So why do you suppose two different REO agents have not returned my calls on two properties that I will probably buy with or without them? Wouldn't they prefer to get the full commission?

Just wondering, it's not like I am a time waster, I own 6 properties on the same street two on the same block.

Any sales agents on these boards have a method to rattle the cages of these agents?
Believe me not to many other investors are going to touch these properties, I am a glutton for punishment and must enjoy pain.

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Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Hawaii
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Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Hawaii
Replied

I just talked to a friend who is a local agent today about two listings within a block of my house, which have been on the market for over a year. The reason? The agents are doing squat to market the properties. Their brochure holders are always empty, the properties are NEVER advertised, and the list goes on. I even saw a buyer's agent have a hard time opening a lockbox on one of them, yet the listing agent didn't come and help them see the property (another lost lead).

These agents probably think it is free advertising to have their sign up for that long on someone's lawn.

It just makes them look like complete failures.

Sadly, unless the owners open their eyes to reality, nothing is going to change.

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