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	<title>Mike Bell's Blog - Real Estate and Bank Owned Properties in Silicon Valley &#187; multiple offers</title>
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	<link>http://mikebell.net</link>
	<description>REO and foreclosures for sale in San Jose, California and Santa Clara County</description>
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		<title>Did You Really Squeeze Super-glue Into The Keyhole?</title>
		<link>http://mikebell.net/2009/10/10/did-you-really-squeeze-super-glue-into-the-keyhole/</link>
		<comments>http://mikebell.net/2009/10/10/did-you-really-squeeze-super-glue-into-the-keyhole/#comments</comments>
		<pubDate>Sat, 10 Oct 2009 22:03:14 +0000</pubDate>
		<dc:creator>Mike Bell</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[bank owned]]></category>
		<category><![CDATA[default servicing]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[multiple offers]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[real estate agents]]></category>
		<category><![CDATA[REO]]></category>
		<category><![CDATA[San Jose]]></category>
		<category><![CDATA[santa clara county]]></category>
		<category><![CDATA[silicon valley]]></category>

		<guid isPermaLink="false">/?p=175</guid>
		<description><![CDATA[Unbelievable.  The old adage is true: “if you come to the ballpark every day, you’ll see something you’ve never seen before.”  Agent behavior never ceases to disappoint me, like vandalizing listings.  Have you heard the one about agents that steal keys from lockboxes to discourage competing offers on hot listings?  Well, today my Realty World [...]]]></description>
			<content:encoded><![CDATA[<p>Unbelievable.  The old adage is true: “if you come to the ballpark every day, you’ll see something you’ve never seen before.”  <strong>Agent behavior never ceases to disappoint me,</strong> like vandalizing listings.  Have you heard the one about <strong>agents </strong>that <strong>steal keys from lockboxes to discourage competing offers on hot listings</strong>?  Well, today my Realty World colleague, <a href="http://www.derekmiller.com" target="_blank">Derek Miller</a>, told me a real whopper.  This takes the prize (to date, anyway) for the most classless act I’ve ever heard of.  To my shame, it made me belly-laugh.</p>
<p>Derek took some clients to look at an aggressively priced bank-owned listing and couldn’t get the key to work, only to discover that <strong>someone</strong> <strong>had</strong> <strong>squeezed super-glue into the keyhole! </strong>So, of course, Derek and his clients couldn’t get in to view the property.  Neither can anyone else, which I guess was the intention. Obviously <strong>we can’t say for sure that it was an agent, but . . . </strong>what would be the point how of something like that be for an ordinary prankster or delinquent?  If it quacks like a duck . . .</p>
<p>From the window Derek could easily see that there had already been a lot of agents showing the house.  Even though the listing was only a few days old, given the lack of inventory, there are bound to be numerous offers anyway.  So why bother vandalizing the lockset?</p>
<p><strong>Can we really be so desperate to win that we’re reduced to vandalism and stealing</strong>?  C’mon already.  Further disappointing is my anticipation that my posting a blog about this will actually contribute to the problem, because it will give the idea to someone else.</p>
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		<title>Whatever Happened To Common Courtesy?</title>
		<link>http://mikebell.net/2009/10/03/whatever-happened-to-common-courtesy/</link>
		<comments>http://mikebell.net/2009/10/03/whatever-happened-to-common-courtesy/#comments</comments>
		<pubDate>Sat, 03 Oct 2009 21:17:09 +0000</pubDate>
		<dc:creator>Mike Bell</dc:creator>
				<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[bank owned]]></category>
		<category><![CDATA[default servicing]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[multiple offers]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[real estate agents]]></category>
		<category><![CDATA[real estate brokers]]></category>
		<category><![CDATA[REO]]></category>
		<category><![CDATA[San Jose]]></category>
		<category><![CDATA[santa clara county]]></category>
		<category><![CDATA[short sale]]></category>
		<category><![CDATA[silicon valley]]></category>

		<guid isPermaLink="false">/?p=149</guid>
		<description><![CDATA[What is it with real estate agents who don’t return phone calls?]]></description>
			<content:encoded><![CDATA[<p><strong>What is it with real estate agents who don’t return phone calls</strong>, reply to email, or respond to inquiries?  It’s like an epidemic, especially with REO or short sale agents.  Look, we all know you’re busy, but <strong>how about a little common courtesy?</strong> You’re giving us all a bad rap.</p>
<p><strong>If I leave you a voice mail, have someone call me back, for crying out loud.</strong> How difficult is that?  If you’re so busy that you can’t handle the volume of calls, you can afford to <strong>hire a staff to do it for you</strong>.  If not, you should change your outgoing message from: “Your call is very important to us,” to: “Sorry you called.  We’re too busy to acknowledge you, so don’t leave a message because we won’t call you back.”</p>
<p>I’d guess <strong>you don’t ignore your REO clients, asset managers or short sale negotiators</strong>.  You wouldn’t leave them in voice jail; you probably respond immediately.  Why should buyer agents be treated any differently?</p>
<p><strong>Buyers and their agents have a right to expect a timely response</strong> to inquiries, and especially to offers.  Maybe it’s just a simple question about the availability or status of a listing, whether it’s worth the time and effort to draw up an offer.  Maybe I just want to know if you actually received my offer.  <strong>I don’t know how many offers I’ve submitted which were never even acknowledged</strong>, even after numerous calls and email.  Eventually I discover the pending sale on the MLS.  That’s more than discourteous; it’s a professional slap-in-the-face.</p>
<p><strong>We have more communication devices than ever before.</strong> It should be easier than ever to respond to each other.  We’re so connected that it’s nearly impossible to disengage.  <strong>So, why can’t you call me back? </strong> Or send a text?  Or something?  Isn’t that what your blackberry or iPhone is for?</p>
<p><strong>Imagine if your doctor suspected you had a brain tumor, but after a series of tests he didn’t return your calls</strong>.  Would that cause you some anxiety?</p>
<p>Buyers are in a battle zone right now, getting beat up by multiple offers, and <strong>buyer agents are getting worn out.  Give ‘em a break and show a little courtesy.</strong> Call them back.  That’s the least you can do.</p>
<p>Being an REO broker, I know how busy the phones and email can get.  Still, I believe that we have a professional obligation to be as responsive and timely as possible.  If you call my office during regular business hours you should get a response within 60 minutes; if after hours, by the next business day.  If not, please email me directly.</p>
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