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Bulldozer is the best way to get rid of excess inventory??

Ok, there is yet another expert on TV today saying that housing prices COULD drop another 20%. They listed primarily the amount of inventory on the market. Saying that this inventory will continue to drive pricing down and the only way to avoid it is to bulldoze some houses down. Now if you were a buyer, would that make you run out and buy???? NOOOOO.

AHHH, there is the answer, a few good BULLDOZERS. Why did we not think about this earlier!! What a great way to get rid of the excess inventory, BULLDOZE THE BABIES DOWN!! This way they are guaranteed not to come back on the market. Don't laugh now, there are enough of us on ActiveRain that if we all get together and bulldoze a few here and there, we can make a real impact on turning the market around.

The first thing to do is choose which ones have to go after. So let's see...Hmmm... Expired Listings!! Yeah, hey they had a chance to sell, the last thing you want is for these overpriced dinosaurs to come back on the market. So BULLDOZE THOSE BABIES. An exception can be provided to any expired listing, that is willing to relist at 50% price reduction, AND, throw in a toaster too. If not, they go down!! What else.... Overpriced listings, yeah!! They get a choice, re-price at least 10% below market, or you get a visit from us. They get a letter in the mail and have 10 days to reprice, or else!!! What else.... Wimpy Agents that are willing to take those overpriced listings, yeah!! But how do we get them to stand in front of the Bulldozer?? I guess the last thing is finding Bulldozers, but I see plenty of them in my travels around the new home communities collecting dust.

So who is with me?? We need a code name, any ideas?? How about REAL, Realtors Empowered And Losing it?? Hmmm... it has a nice ring to it.

Jose Lopez
I specialize in Sarasota Florida Foreclosures and Bradenton Foreclosures

Posted Thursday Jan 08