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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Times have changed? Posted by gc on August 09, 2006 at 12:14 AM In Reply to: Times have changed? posted by Wise_cracker on August 07, 2006 at 9:53 PM Property is in San Bernardino, Southern CA, I knew this was comming... I just never thought it would be that quick. I probably will end up renting or lease option it. Did this situation happen to you personally during the 90's? GC : There are no buyers at this time. There is no sense of urgency. There : is no real need? This is what it was like back in 1995-1999. Real : estate becomes an albatross. People shun buying property. They just don't : get into it. : July, I listed a well maintained property well marketed and I was stunned with not a single phone call. Realtor commissions 2.5%. Property shows like a gem. : This is happening now. Where are buyers? Not a single one out there. : Last year I put a property on MLS at 4.00 PM Friday and started packing to go : away for the weekend. I was confronted by 2 agents with loud knocks on the door at 4.30 PM demanding to see the house . They came in without calling and than came a torrent of buyers over the weekend. Monday morning I opened an escrow with a back up purchase : contract in hand! : Just see what time does....Its the way it will be for next few years. I have been through : this 2 twice and I know it. : : In CA, San Bernardino : : GC : : : Where is your investment property? CA? out of CA? So Cal? : : : Nor Cal? What city? Sorry to hear about your situation. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Property is in San Bernardino, Southern CA, I knew this was comming... I just never thought it would be that quick. I probably will end up renting or lease option it. Did this situation happen to you personally during the 90's? : GC : : There are no buyers at this time. There is no sense of urgency. There : : is no real need? This is what it was like back in 1995-1999. Real : : estate becomes an albatross. People shun buying property. They just don't : : get into it. : : July, I listed a well maintained property well marketed and I was stunned with not a single phone call. Realtor commissions 2.5%. Property shows like a gem. : : This is happening now. Where are buyers? Not a single one out there. : : Last year I put a property on MLS at 4.00 PM Friday and started packing to go : : away for the weekend. I was confronted by 2 agents with loud knocks on the door at 4.30 PM demanding to see the house . They came in without calling and than came a torrent of buyers over the weekend. Monday morning I opened an escrow with a back up purchase : : contract in hand! : : Just see what time does....Its the way it will be for next few years. I have been through : : this 2 twice and I know it. : : : : In CA, San Bernardino : : : GC : : : : Where is your investment property? CA? out of CA? So Cal? : : : : Nor Cal? What city? Sorry to hear about your situation. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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