What is Working in Hot (Seller's) Markets? - Posted by SteveB

Posted by Sharonda (NOVA) on April 09, 2002 at 18:34:56:

How has this strategy been working for you Jimi?
-Sharonda

What is Working in Hot (Seller’s) Markets? - Posted by SteveB

Posted by SteveB on February 22, 2001 at 08:47:23:

Anyone have a feel for what is working most successfully in hot markets like Denver? It seems that even the run-down properties are priced quite high, at least in the MLS. Anyone having success with foreclosures?

Thanks.

Re: What is Working in Hot (Seller’s) Markets? - Posted by jimi

Posted by jimi on February 22, 2001 at 11:15:14:

Greed works.

Here in Northern Virginia the market remains red hot with bidding wars above the list price the norm …

success in this environment means bypassing the listed properties, going directly to potential sellers, and convincing the owner that they are better off w/out those pesky Realtor fees.

Contacting out of town owners is an approach I am currently pursuing.

My $.02, Jimi