Buying Prescott AZ Foreclosures

How often has this happened to you?... After much market research, driving around and conversations with your agent (and often many others) you find the REO home you were looking for. Its only been on the market one day and you know its priced below the market and within your approved budget. Your agent calls the listing agent only to find out there is already one accepted full price offer and two more back up offers.

This has been my experience way too often in the last few months so I found a creative way to get my buyer's offers first in line. Its all about building relationships with the AZ REO listing agents. Just as they had to work to build relationships with the lenders and the asset management companies, Arizona REO buyers agents need to invest time and effort into relationships with the people who can help them.

I spend a lot of my time on the phone with Prescott AZ REO agents working to find out which prime properties are about to be listed and at what price. Often I can can even get my buyers into them several days before the listing. Last week I was able to successfully get an offer into the lender the day before the listing went active. By the time the listing went active the next day, I already had an accepted offer and the listing went pending immediately.

As Buyers agents in the foreclosure market, its important to be looking for new, more effective ways to represent our client's interests. Building good relationships with the agents who have what we need just makes good sense.

Dave Conners enjoys figuring out new ways to make his clients happy! He works with the Stephanie Woods Team in Prescott Valley AZ.