I must have contacted about approx 10 agents who are registered with hudhomestore to bid on properties. Looks like no one wants to bid for investors any more ?
How do i find motivated agents who could bid @ hudhomestore?
Are there any HUD registered agents in the San Antonio, TX area who can bid for me? Feel free to email me offline.
In the very recent past I have bid on a few. I bid several thousand over the asking price. Did not get any. Prices are going way higher than asking. People are bidding about 80-90% of retail price. They are usually in need of some work. Which makes them WAY over priced. If I was an agent, I would probably not want to bid on any for a buyer unless he was crazy and willing to pay almost retail and still have to put in 20% of the price for repairs.
That is just what I have seen over here lately.
no wonder why the broker was so mad at me for asking him to bid at 75% of listing price.
Thanks for the heads up. Things make more sense now