REOPro - Real Estate Default Professionals
America's Largest Social Network for Default Real Estate Professionals
Sellers, there are more expenses to selling your home than commissions if you're not ready to sell. One of worst things a seller can do is overprice his/her home when it first comes on the market. A small overage is one thing, but when that overage hits 10, 15, 20, 30% and beyond, it's like burning dollars in your furnace to stay warm.
What are the unrealized expenses of overpricing a home? I only say unrealized because it seems that sellers are the last ones to…
ContinueAdded by Mike Cooper on March 3, 2015 at 1:26pm — 2 Comments
If you're thinking about buying a foreclosure in Winchester VA, there are certain things you should know. …
ContinueAdded by Mike Cooper on December 22, 2012 at 9:34am — No Comments
This license plate has been on my Volvo for the past 8 years. I recently gave my car to my church, and the DMV wouldn't let them keep the…
ContinueAdded by Mike Cooper on June 17, 2011 at 2:20pm — No Comments
One of the best things my wife and I ever did was put our kids on salary. When our sons were 8 and 10 we put them on a monthly salary. …
Added by Mike Cooper on June 12, 2011 at 10:49am — No Comments
I've always heard that when you lose one of your five senses that the other ones become more intense. Recently I was resting my eyes (taking a nap), and I heard a commercial on the radio that has a TV counterpart. When I heard it on the radio I…
ContinueAdded by Mike Cooper on June 11, 2011 at 7:53am — No Comments
Sellers want to sell, and Realtors want to sell. So, what's the problem? The problem is some sellers lie, and some Realtors lie (no offense…
ContinueAdded by Mike Cooper on June 9, 2011 at 8:34pm — No Comments
Internet savvy real estate buyers are skipping the old "find a Realtor, and then find a home" process of the past. Instead, 89% start their search online and then through their individual research they find a realtor. That brings up a great question. How soon do you respond…
ContinueAdded by Mike Cooper on June 6, 2011 at 3:29am — No Comments
Alright, it's Sunday morning and I'm supposed to be in Reston, VA, riding my bicycle at the annual Tour de Cure American Diabetes Association event. But, it's raining, and it's calling for rain on and off for the rest of the morning. The…
ContinueAdded by Mike Cooper on June 6, 2011 at 3:28am — No Comments
Added by Mike Cooper on June 2, 2011 at 6:35pm — 2 Comments
On this Memorial Day weekend, I would like to thank all of the men and women who have defended this country from its inception to the present day. It is not without great sacrifice and dedication that you have put your lives in harm's way for the…
ContinueAdded by Mike Cooper on May 28, 2011 at 6:16pm — No Comments
I loved Debe Maxwell's post "The Longer the Shelf Life, The Less Chance You Have of Selling Your Home". I wish I could send it to a couple of my sellers (previous and…
ContinueAdded by Mike Cooper on May 26, 2011 at 8:57am — 2 Comments
Washington is at it again. If you've ever worked with HAMP or…
ContinueAdded by Mike Cooper on May 24, 2011 at 8:12pm — No Comments
Most of us have a list of things our mothers said to us when we were kids. Some of those things came to pass and some didn't. Here's a short list of the ones I've heard from my mother and the mothers of my childhood…
ContinueAdded by Mike Cooper on May 24, 2011 at 9:24am — No Comments
We've all had that client who truly believes he can defy the market and list his home for 20-40% over a solid CMA value. I get one (or more) every year who thinks there is something so extraordinary about his…
ContinueAdded by Mike Cooper on May 22, 2011 at 4:05pm — No Comments
I recently worked with a foreign couple, and we had moments where the language barrier between us brought everything to a crawl. It wasn't that we were having problems with each other, but the differences in language and…
ContinueAdded by Mike Cooper on May 22, 2011 at 8:08am — No Comments
I've been selling REOs since 2004. Since the very first one, I have never signed up to sell for companies that have given me listings. Somehow, they managed to find me out of the 100s of Realtors in my community. I've always found that…
ContinueAdded by Mike Cooper on May 20, 2011 at 3:15pm — 6 Comments
During the early part of the roaring 2000s our office was a selling machine. Of course, most offices were like that, but when the market began to slide into…
Added by Mike Cooper on May 19, 2011 at 8:38am — No Comments
A lot of agents avoid short sales because of the horror stories they hear from other agents, and I really can't blame them. Lenders don't always make it easy…
Added by Mike Cooper on May 18, 2011 at 7:13am — 1 Comment
You know how Forrest Gump always said, "Life is like a box of chocolates"? Well, it dawned on me today that…
Added by Mike Cooper on May 17, 2011 at 12:22pm — No Comments
Have you ever driven through one of those automatic car washes? You know, you drive up, pay for your wash, you're immediately signaled to drive in and at the appointed place you're signaled to stop. Once you stop all kinds of…
ContinueAdded by Mike Cooper on May 14, 2011 at 10:04pm — No Comments
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