]]> http://reoangels.wordpress.com/2008/11/02/reo-listings/feed/ 0 jonlu28 http://reoangels.wordpress.com/2008/10/23/5238-gallant-fox-listing/ http://reoangels.wordpress.com/2008/10/23/5238-gallant-fox-listing/#comments Thu, 23 Oct 2008 14:41:25 +0000 jonlu28 http://reoangels.wordpress.com/?p=196 ]]>

Hey Seth Godin!!!! Come over and review Margaret Rome’s new book”

We can always think of reasons to be negative. It does not take a special person to point out that things are not going as planned.  It makes a world of difference when you have positive conversations with the people you meet at these open houses. We can focus on the negative, and let those thoughts dictate the rest of your day, or we can think positive and get things done.

Below is a list of 5 Reasons I think we should maintain a positive attitude.

1) You can get a whole lot of things done if you truly believe that it will yield a positive outcome. -It can get discouraging in this commission-based business, but we have to keep working at it and believing that we will get paid for all of our hard work.

2) You are less likely to get sick. -Have you ever seen Tony Robbins? He looks fit and healthy. I’m sure he’ll tell you that a lot of it has to do with having the right attitude.

3) It is easier to network. -You may not notice it, but sometimes we are not as good as we think we are at hiding our worries or frustrations. People you do business with can sense it, and they would be less inclined to approach you in the future in fear of upsetting you.

4) Sometimes the sample size is too small. -Just because at your last Open House, you met an interested buyer who claims he/she was ready to buy and wants you to take them to see houses, but is reluctant to go to your office and sign a simple paper that says that if I am going to be loyal to you and show you houses and preview houses on your behalf, you will not tell me a couple of weeks later that you already have an agent who will get the commission for doing nothing, does not mean that all buyers are like that. The sample size is too small. Make an effort to meet more people, and you will see that there are people out there that truly want to transact business with you without all the unnecessary drama. If you go to the river and take a small sample and put it into a jar, chances are you may not see a fish. But that does not mean that there are no fish in the river. It just means you have to keep looking.

5) It sure beats being negative all the time.

]]> http://reoangels.wordpress.com/2008/10/08/5-reasons-for-staying-positive/feed/ 0 jonlu28 http://reoangels.wordpress.com/2008/10/08/140/ http://reoangels.wordpress.com/2008/10/08/140/#comments Wed, 08 Oct 2008 19:15:44 +0000 jonlu28 http://reoangels.wordpress.com/?p=140 ]]>

Swimming Pool

New Evergreen Listing

This listing is priced to sell quickly.  If you have any questions, please contact Jon at (408)591-0800.

*Note:  This question is regarding short sales, but that is okay, because there are no stupid questions.
Q:  Can you negotiate the listing price for a short sale?

When you find a home you like that turns out to be a short sale, the most important thing to find out is if the price is lender-approved. That should be the first thing you ask the listing agent. Often times, real estate agents determine the list price without first getting the bank’s approval. Buyers end up wasting a great deal of time submitting an offer that never had a chance of getting approved in the first place. There are some ways to make your offer stronger, and therefore more likely to get approved by the lender. I recommend you contact our short sales specialist in my office, Mary Gonzalez at 408-250-3483 or email at mlu@cbplatinum.com. Most of the agents in our office go to her for advice about short sales and REOs.

Q:  What is the difference between an agent that specializes in REOs and foreclosure properties and an agent who does not?

Certifications, awards, designations mean nothing if an agent does not follow through with his duties. Unfortunately, the only way to find out if an agent follows through is by trial-and-error. That is exactly the reason why you should protect yourself by learning as much as possible about REOs and foreclosure properties as you can. There are plenty of free seminars, webinars, and teleseminars that you can look to for information.

Never hesitate to ask a Realtor simply because you are afraid that he will try to sell you his services.  Do not be afraid to ask for guidance from agents that you meet, even if he/she does not present himself/herself as an experienced REO agent. I personally believe that it is best for buyers to work with a team of agents, all of whom are experienced in REOs, short sales, etc. The REO and short sales transactions are far more complicated processes than the traditional transactions. Look to agents that work in teams that specialize in both REOs and short sales. For instance, our team of 6+ works diligently with the banks to get quick responses. Two heads are better than 1 and 6 heads are definitely more responsive and effective than 1.

Q:  A great deal of buyers have asked me what is the best way to determine if your agent is experienced in REO transactions.

A: First and foremost, never be afraid to ask for guidance from agents that you meet, even if he/she does not present himself/herself as an experienced REO agent. I personally believe that it is best for buyers to work with a team of agents, all of whom are experienced in REOs, short sales, etc. The REO and short sales transactions are far more complicated processes than the traditional transactions. Look to agents that work in teams that specialize in both REOs and short sales. For instance, our team of 6+ works diligently with the banks to get quick responses. Two heads are better than 1 and 6 heads are definitely more responsive and effective than 1.

The REO Angels will be holding an REO seminar at the following address on September 20, 2008 at 2:00pm.

1630 East Capitol Expressway
San Jose, California 95121

Afterwards, the Angels will take everyone on a tour of REO properties in the area.  (Please call ahead for carpooling options).

To sign up, please contact Mary Gonzalez at

408-250-9353 or email at mgonzalez@cbplatinum.com

Mary Gonzalez’s Homepage
REO Angels Blog
REO Angels Homepage