the agent we have been talking to has not returned our last two calls

Marissa Fullert...
Home Buyer
90740

my husband got the lock box # and info from the agent who will be listing it. however, he seems in no big hurry to call back or sell the place. why aren't banks in a hurry to assign a selling price and list it and hopefully sell the property? we are curious and can't seem to find an answer to this question.

Answers (4)
Jes Sierra, B.S...
Agent
Chino Hills, CA

Marissa,
Do yo really want to work with an like that.
Interview multiple real estate agents until
you feel comfortable with one.

Best Regards,

Jes Sierra, B.Sc.
Century 21 Beachside, Realtor®

Thu Sep 3 2009, 23:43
Jim & Dorothy S...
Agent
Big Bear Lake, CA

you just need an agent that is on the ball and call the bank almost every day to get an answer.
we do bank and shortsales and always answer our phone up until 9 PM

Sun Aug 23 2009, 19:55
Tony Card
Agent
Sugarloaf, CA

We are finding that a lot of agents are advertising property for sale that are not ready to go on the market. What happens is these agents know that they are getting the listing and start advertising it before the bank sets the price. The bank won't set the price until they have three seperate sources for the value and this takes some time. Do, you end up knowing about the property but you can't do anything about it but wait. If I can be of any help in the future, please let me know.

Web Reference: http://www.tonycard.com
Mon Jun 15 2009, 10:10
Joe Pecoraro
Agent
Big Bear Lake, CA
FIRST ANSWER

The agent you talked to should not be giving you a lock box code and not offering to show you the property themselves. It sounds like the property is in the pre-listing stage. The agent knows he is getting the listing but doesn't know the price yet. If it was already listed, you should have no trouble finding out what the price is.

Banks are motivated to sell their properties but there is a process to listing a foreclosed property. The agent knows they are getting the listing days before they know what the price is going to be.

Let me know if you have any other questions.

Sat May 23 2009, 19:09

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