Terry Kempf

Lists of Foreclosures are not available online anywhere for free, are they?

Is it worth the subscription price? In Omaha, I doubt it.

The myth of GREAT deals for REPOs:

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Conclusion: Don’t go into this thinking you’ll get a $400,000 home for $50,000 if it's a REPO/Foreclosure.

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I’ve been a Certified Appraiser and Real Estate Broker for nearly 30 years.

• When a Lender forecloses on a property, one of the first things they do is order an appraisal, thereby achieving a more accurate List Price based on market comparisons.

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• Many of the REOs need work and many of the homes also have no appliances, etc.

• That's why your real estate agent is your very best source for buying a home.

If you are serious about buying or selling a home, I strongly suggest you engage the services of a professional real estate person. A great place to locate such a professional is 4114Homes.com.

Thanks,

Terry Kempf

Well I am certainly open to suggestions on what promo ideas all you "out of the box" "in the ether" marketing wizards can come up with to help us promote the "BOG O!pen House extravaganza planed for April 18-19 and 25-26. Let's get those creative juices flowing.

30 years ago I remember a very seasoned agent, ( 20 yr in the business) yelling at me for writing an ad on my first listing that stated that the home was located across the street from a prominent grade school. Her statement to me was: "If they know where it is and they don't like the area, they won't call you! You're not supposed to sell THAT house. Your job is to get as many people as you can to call you so you can sell them something else."

I was confused. I thought I was supposed to sell my client's house and if somebody didn't like the area, well then, what's the sense of wasting their time AND mine trying to sell them what they didn't want? I thought the way to establish a long career in real estate was to provide the public with what THEY wanted, not what I wanted them to buy. Well, it looks like I was pretty much on the money. I sold a million dollars the first year I was in the business. (Remember we're talking Omaha, NE; 1980 where the average price was something south of $40,000)

What I would like to know:

• What's the public reaction to Consumer Facing MLS Sites (MLS provides public site).
  • HAR.com (Houston MLS Consumer Facing Web-site) is nationally renowned for it's success.
  • What have the Brokers' reactions been?
• How do you marry Broker Sites without seeming like competition?
  • Who promotes this, i.e. the MLS or everybody?
• What has been the experience of the actual real estate Agent.
  • They are the ones on the front lines.
  • The agents pay nearly $130/month as MLS members on HAR.com.
  • The site generates an average of 17 leads/agent/month

Please let me know what experiences you have had with one of these Consumer Facing MLS Sites.

I'll plant a tree for every response. - I'm a tree hugger so the more the merrier. If you don't believe me go to our site and try and print something out.