Agent BPO Panic…. “…..banks are no longer using agents for BPOs…now, they will only use appraisers!” Response from Coach Julie Harris: There’s been a lot of discussion and many emails which we have received that start out something like this: “Hey, did you hear that there’s not going to be any more BPO work out there? Yep, the banks are all going to use Appraisers instead of BPO Agents now.” So is there any truth to this myth? This rumor? This urban Realtor Legend? First, let’s take a look at the facts. The rumor began with one letter, from one [...] Click Here To View More
Real Estate Industry Watch, Tim and Julie Harris Interview
This is an interview Julie and I did with Real Estate Industry Watch almost exactly a year ago. I am sharing it with you now as a virtual mile marker in time. About a year ago we were making predictions that short sales would dominate and values would continue to decline. We were ridiculed by many for being overly pessimistic. The last 12 months proved our predictions to be correct. Here is the interview we did in early 2010: (If you would like to know what will happen in 2011…and 2012..read this) Interviewers note: I really enjoy meeting new people [...] Click Here To View More
Buying A Home After A Short Sale Or Foreclosure
How to buy a home after a short sale or foreclosure: An increasingly common question every Realtor must know how to answer: “What will happen to my credit if I do a short sale or let the bank foreclosure on my home?” Note: Credit is used for more things than just getting loans. Bad credit can make it more expensive to rent. Bad credit can keep you from obtaining a job, especially government service or the financial services industry where a security clearance is required Here are the facts: Fact #1: Post short sale or foreclosure, how quickly your credit [...] Click Here To View More
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