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Declining Housing Market

We're all in this Housing Market together. So, what can we do to improve the situation?

Has anyone tried?

I became an HRC Representative in Oct. 2008. It doesn't pay well (about as much as a BPO) but it's been very rewarding. It's great to know I helped someone remain in their home by gathering information from them and calling the mortgage servicer with them to see what could be done. There is a joy of seeing someone in tears of gratitude because they thought they would have to move and you've helped them keep what they have. It's great to tell people, "I've been paid by your servicer to come meet you. You owe me nothing but your time & cooperation."

Have some of these properties become listings for me? Of course. Not everyone wants what they have. 9 out of 10 sell for a lot less than owed. It's tough taking a listing as a short sale, tougher still to get a buyer all the way to close. This is the least fun part of the job. I've been on both sides of that coin as have many of you, but at least we try our best. If we all find niches like this that help others through this market we will all benefit in the long run.

Posted Friday Jan 09