Wow, I know it's been awhile since I've posted here, but what a whirlwind the last month or so has been. I'm FINALLY getting my real estate license (I've been doing real estate for almost 8 years now), and our business is going incredibly well, so I've been a busy bee!
We've closed over 30 deals closed in May alone, and June is already set up to break records.
Most of our business is in short sales, but we are also starting to see more and more wholesale deals come back down the pipeline. We started of getting direct wholesale deals from homeowners in 05-07, but with the market changing, understandably the majority of our sales have been through Short Sales.
The common thread is, if it's a good deal, it's moving. Less and less has it become important about area, condition, etc, what we're seeing getting multiple offers on, contingies waived, what investors are salvating at, etc, tends to be lower price-point properties that can cash flow. (Relatively speaking, a lot of buyers are paying cash so technically it will automatically cash flow). But we are also seeing beautiful high-end properties move faster...because they are such a great deal!
What are you guys seeing in your markets? The same? More buyers? More investors?
I'd love to hear your comments!
And if you're looking for deals to sell to your investor clients, or you have wholesale deals that you'd like to sell, let me know! Especially if you are in AZ I would love to see how we can work together!
To your success,
Tracy Royce
Proudly serving the Phoenix Investor and Foreclosure market with high-end service since 2003
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