Description: During challenging times, smart real estate agents are looking for doors to open, that magic bullet, new relationships, or maybe just the perfect script for a changed market. After the recent pandemic lockdown that resulted in very high unemployment numbers,you can bet we will see a resurgence of bank-owned(or OREO/REO)properties. We saw what happened in 2008, could it happen again? Probably not to that extent at all, but a percentage of mortgages will go back to the banks if people aren't working. Banks will again need to remove the toxic loans from their books. There will be investors and smart buyers looking to make deals regarding these properties. The distressed property market will grow again. Recently, we have been marketing properties with social distancing, no open houses, and limited showing opportunities. The fundamentals of real estate marketing will shift again.
Price: 35.23 AUD
Location: Hillsdale, NSW
End Time: 2024-11-04T23:25:38.000Z
Shipping Cost: 32.94 AUD
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EAN: 9781716888328
UPC: 9781716888328
ISBN: 9781716888328
MPN: N/A
Book Title: REO Sales and Why Banks Need Your Help: How you ca
Item Length: 21.6 cm
Publisher: Lulu.Com
Publication Year: 2020
Subject: Finance
Item Height: 216 mm
Number of Pages: 112 Pages
Language: English
Publication Name: Reo Sales and Why Banks Need Your Help: How You Can Make Money with Reo's
Item Weight: 150 g
Type: Textbook
Author: Jimmy Crimmins, Kevin a Kent
Item Width: 140 mm
Format: Paperback