You are missing the forest for the trees kid… - Posted by Sean
Posted by Sean on July 08, 2003 at 21:40:35:
Why the heck would you want to talk directly to the Bank? The bank has it listed with a realtor for a reason! If you think, you as John Q Nobody is going to get the time of day from a bank on an REO listed with a realtor you are vastly overestimating your importance in the world.
Seriously, you are just going to make yourself look like an amateur, at best, or a fool at worst by continuing that course of action.
Who cares what bank owns the property? They have it listed with a realtor, you make your offers through the realtor… if you don’t like the realtor, find one to represent you and they will be the ones directly dealing with the banks realtor. Realtor is going to get paid, you aren’t going to by pass them and frankly you shouldn’t try because all you are going to do is make the realtor angry! And if he is a realtor that handles REO’s he’s a far greater asset down the line, trying to short circuit him for one deal is utterly foolish.
Fact is, it doesn’t really matter who the bank is… all that matters is, is that you like the property and you do your analysis and make a financially profitable offer on it, period.
You are just stepping on your own toes even trying to bypass a realtor.