Agents of Change

By
Education & Training with RE/MAX Right Choice

Agents of Change

Think about what happens when you conduct a successful short sale: the homeowner is spared the emotional and economic trauma that comes with foreclosure and eviction; the lender saves tens of thousands of dollars in legal and processing fees; a home buyer gets a property below market value; and you make a commission. Who loses in that transaction?

There will be over 1 million REOs on the market by the end of this year. Until this inventory is exhausted, home prices and new home sales will continue to languish. Bank-owned homes can quickly ruin a neighborhood-nothing drives property values down more rapidly than vacant homes, and nothing is more of a safety hazard than an empty, boarded-up property. The faster you can help a first-time home buyer take possession of an REO, the faster the neighborhood has a chance to stabilize and recover. Foreclosure sales, in today's troubled market, present a rare opportunity to do well for yourself while doing good for others.

The current problem isn't a battle between Main Street and Wall Street; it's a systemic problem that threatens both. Like it or not, your role in this drama has shifted from "real estate agent" to "agent of change." And you are uniquely positioned to help affect the recovery for which the powers-that-be have provided massive financing. Start flapping, and let's see what happens.

bt Rick Sharga, senior vice president at RealtyTrac.

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Rainmaker
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Sergio Rebollo Jr.
Real Estate TeamMates

John....Welcome to ActiveRain.  This is a great community to network with others as well a great place to learn from other's experiences and knowledge.  I've enjoyed it; I hope you enjoy it as well.  Congrats on your first post.

November 08, 2008 07:08 PM
Rainer
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Yvette & Dennis Gardner
Keller Williams Realty, Spartanburg, SC

Welcome to the Active Rain community. This is a great site with lots of information.  Have fun with it and hope to see more of your blogs soon!  We have a team of four outstanding full time agents to assist your buyers and sellers in Spartanburg/Greenville, SC.  Again, welcome to AR!!

November 09, 2008 06:08 AM
Rainer
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Marcy Fedalei
Keller Williams Realty

Great start on ActiveRain! Welcome and thank you for sharing your thoughts and ideas.

November 09, 2008 06:31 AM
Rainmaker
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Nance Burdette
Keller Williams Realty Partners

Welcome and congrats on signing as a member of ActiveRain. Being a new member myself for only a couple months, I truly see the awesome advantage that blogging can be, (and it's fun). I am pleased to see the quantity of abundant professionals sharing their knowledge and ideas. Everyone has been so very kind. And so much to read!!! I hope to continue "reading" your blogs in the future.   Best of Luck,  Nance

November 09, 2008 07:35 PM
Ambassador
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Kirk Westervelt
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonville, SC
Van West Realty - Greenville, SC Realtor -Short Sale Expert!

Hello and welcome to Active Rain! I encourage you to learn from others, share your knowledge and experiences with all of us, enjoy yourself, and try to log in and join us in the Active Rain community as frequently as possible. I look forward to your future blogs and comments! Take care, --Kirk.

November 09, 2008 08:35 PM
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John McBride

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