Metro Atlanta, Gerogia Real Estate Market, North Georgia, REO Sales

It has again been a week.....I have had been doing REO business for several years and it is been always a great  business....BUT lately what a crazy mess!

 

One of my clients is AGFS and they are owned by AIG....must I say more! They are driving me nuts....They keep changing contacts and they frankly do not have a clue what the REAL Market is like in every state. I have several of their product/ properties in my inventory and they are ALL OVER PRICED!.

I have also seen that buyers and investors are really out there LOW BALLING and I don't blame them but the other day ...I have a million dollar listing that is bank owned and we lowered the price from 1.2 million to $799,000 and some investor called me and wanted me to make an offer to the bank for $395,000....ARE you KIDDING me...Get real folks...I will help anyone that wants to really buy property....But you must be real.... Take care everyone...have a great  week talk again later.


Posted by Mark Kimball on August 18th, 2009 9:54 AM

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