Are you ready to move quickly and accurately? Start by understanding the various bank selling strategies you may be facing, and know how to respond accordingly.

• Banks often "under list" to move the foreclosed property fast. This happens when their portfolios are backlogged and they have to move nonperforming assests away from a date requirement for liquidity. This also happens when they auction property, otherwise know as an "auction-style listing." These bargains often result in multiple offers and the stand-out buyers allways get them.

• Most often, banks will offer an accurate list price. This typically brings in offers and the property is usually sold in 90-120 days of listing. Agents will have previewed the property, will be telling buyers about it, and will be actively helping buyers weigh the pros and cons over competitive listings.

• Sometimes, banks "over list." It's the bank's prerogative, so as a serious buyer, you have to do your analysis right away to know the market conditions and timing, and how to respond.

Looking for a win-win-win!

Whether you have an investment buyer, a buyer specifically looking for a foreclosed property, or a traditional buyer, Customer Driven Realty offers a pulse on the marketpalce to help you guide your buyers to a sale. 

We are in the business of extensively evaluating properties and handling foreclosure transactions in the Minneapolis-St. Paul metro area.  Customer Driven Realty can provide you with a high level of expertise.

Foreclosures: Making your job easier

Many Realtors bring clients to our office to discuss the transaction process prior to making an offer.  This allows the client to hear firsthand what may or may not be successful.  When you have this fresh, inside perspective, it can be easier for you to write a successful offer the first time.

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