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- 10 Answers
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Experience:
Owner/Broker for Reaction Realty Executives
October 2007—present
Specialties:
I specialize in real estate investments.
Certifications
& Awards:
& Awards:
MBA-University of Redlands 2008
About:
The broker holds an MBA with an emphasis in Finance from the University of Redlands where he graduated Cum Laude in 2008. As an undergraduate at San Diego
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Testimonials:
""Thank you for helping me find a great deal on a lender owned property!" -Mike D. Menifee MLS # T08039279"
Michael Dacanay Thu Jun 19, 2008 ... show more
Michael Dacanay Thu Jun 19, 2008 ... show more
Reaction Realty Executives answered:
Berta,
I would encourage you to have your Realtor place multiple offers on REO's. I would not get attached to just one house or get emotional over one offer. I advise my client's that in all likelihood many of the offers that I will be placing will receive multiple offers, especially if the home is in turnkey condition. Many of these REO listing agents have multiple bank owned properties, some have over 100 properties under their license and it's very easy for some of these agents to lose track of offers. Your agent must also be persistent but please be patient, sometimes these things take time.
I would encourage you to have your Realtor place multiple offers on REO's. I would not get attached to just one house or get emotional over one offer. I advise my client's that in all likelihood many of the offers that I will be placing will receive multiple offers, especially if the home is in turnkey condition. Many of these REO listing agents have multiple bank owned properties, some have over 100 properties under their license and it's very easy for some of these agents to lose track of offers. Your agent must also be persistent but please be patient, sometimes these things take time.
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