Showing homes in the dark
The tools of my trade are obviously a cell phone and a key pad which opens the lockboxes in my Northeast Los Angeles and San Fernando Valley neighborhoods. In addition to that it appears that Natalie and I will need to start packing a flashlight. There are a number of foreclosures listed and many of the bank's Realtors are not connecting utilities. Is this the best way to showcase a listing?
Of course not. 
Why doesn't the Realtor connect the utilities? Because once connected there are bills to pay. The bank's Realtor generally pays these bills and is then reimbursed by the bank, a lot of paperwork is involved. Obviously a buyer will want utilities on in order for their inspector to perform an inspection of the home. The last foreclosure we sold didn't have utilities connected; once in escrow the bank's Realtor was "convinced" to connect so our client could have a thorough inspection.
Categories: In a Realtor's Week, Foreclosures, A Buyer's Perspective
Tags: foreclosures showing homes
Trackbacks
-
3/15/2009 4:06 PM
Los Angeles Real Estate Blog wrote:
I showed a Burbank foreclosure on Sunday and on paper the home appeared to be a great buy. When I arrived the front door was open and there were four groups of people all ready looking at the home. I did a quick walk through before my client arrived. Below I have guesstimated what the actual cost might be: Let’s start at the front: Remove and replace old shake roof - $15,000Remove tree and roots uplifting pool deck - $5,000 Replace ugly back slider -$3,000Gut and remodel kitchen - $60,000Update ¾ bath - ... -
3/15/2009 4:14 PM
Los Angeles Real Estate Blog wrote:
I showed a Burbank foreclosure on Sunday and on paper the home appeared to be a great buy. When I arrived the front door was open and there were four groups of people all ready looking at the home. I did a quick walk through before my client arrived. Below I have guesstimated what the actual cost might be: Let’s start at the front: Remove and replace old shake roof - $15,000Remove tree and roots uplifting pool deck - $5,000 Replace ugly back slider -$3,000Gut and remodel kitchen - $60,000Update ¾ bath - ...
Comments