Kristal Kraft

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Keeping up with the all the social networking sites is beyond difficult. I can't believe cyberspace is actually large enough to hold them! Kristal Kraft Selling Denver Real Estate

Congratulations to both The Zebra and Inman. Daniel is a well respected voice in the RE.NET. Kristal Kraft Selling Denver Real Estate

It is probably a good thing that buyers are looking to purchase foreclosures. Without selling them how else do you expect them to go away? When the market gets saturated with foreclosures the asset managers will get smart and find alternative solutions. i.e. back in the 1980's when we had this mess, we rented the majority of foreclosures until the time was right to put them on the market. The difference between now and then, the banks currently are outsourcing the management of reo's to companies who really don't have an interest in getting the property positioned right and sold. From what I see they are taking the commissions for themselves and skimming as much as they can from the people in the field who do the BPO's and list the property. There is a whole new industry of middle men making a profit from agents hungry enough to actually PAY for REO leads! So they spread the REO business around enough to satisfy the lead seeking agents, while making a profit for aggregating reo business. Guess that is capitalism and the American Way. This too shall pass. Kristal Kraft Selling Denver Real Estate