Justin B. McClelland

Yo, so I’m checking in once again.  I have a few updates in this wacky world of Real Estate.  But first, I have to burn a few bridges first.  Yep that’s right…I said it.  I burn bridges…whomever said “one should never burn bridges because you don’t know when you’ll have to cross them” was a sissy.

So apparently, I’ve pissed off all of the Champaign County Realtors over the last two weeks due to the practice of blind offers.  I don’t see what the problem is.  Basically, if I know a property has been listed over 150-200 days…I’ll make an offer on it.  Most times this offer is substantially less than what the seller is asking.  BFD!  If there’s seller motivation, then cool, if not, then reject it…this shit isn’t that complicated.

However, a few Realtors that I’ve come across have found it very complicated.  They have balked at my offers and latched onto anything that they could logically object to.  The main question being, “Where did you find the Champaign County Realtor contract”?  My answer being “Google that sh!t”.  See, most Realtors in Champaign, object to any buyer, sans Realtor, using their MLS contract.  Apparently, it’s copy-written and only to be used by members of the Board of Realtors.  The real truth is that Realtors in Champaign object to any buyer, sans Realtor, using their MLS contract for offers substantially less than list price.  I was doing them a favor by completing the contract prior to offer submission.  I guarantee that if my “blind” offers where for 100% of list price, no Realtor would say a word.  They’d just collect their dual-agency commission check and STFU (Google that if necessary and get your acronym game up).

I’ve already psychoanalyzed these folks and came to this conclusion.  Realtors have the legal/ethical obligation to present ‘all’ offers to their client, the seller (in this case).  I took the same classes they did, so I know this.  Therefore, when a guy like me comes around and offers substantially less than the list price, the Realtor hates it!  The main reason being that their client, the seller, is looking at them in the face while they regurgitate my low number. They probably get cursed out. HA!  Sucks to be a Realtor!  I wouldn’t want to do that either.  One of the many reasons I’m not a Realtor.  The seller is going to blame the Realtor, not me, some guy they’ve never met.  But oh well, this comes with the territory and is part of what they signed-up for.  If they want to change their career path, Wal-Mart is always hiring for 3rd shift.

I talked to my lawyer about this issue and it was agreed that this town is just to small for my strategy in this regard.  Everyone knows too much about each other and it hinders business in some cases.  But it’s all good.  I’m still going to make it do what it do, in Champaign and beyond!

“I thought I told you that we won’t stop, I thought I told you that we won’t stop”

*Disclaimer*
All Realtors aren’t lame, just the ones that read this and take offense.

Real Estate, offers Contract, Google, Multiple Listing Service, Real estate broker, Wal-Mart

Another Monday is here and I’m just going to make a brief check-in. My targets set on last Monday was to:

1. Make at least 10 offers on properties listed on MLS FAIL
2. Distribute my new door hangers with brochures to select Urbana neighborhoods PASS
3. Put something together for a CraigsList nationwide cash-buyer campaign PASS

I’m actually in the process of choosing the MLS properties as I type.  The door-hangers where put out and out of 200, I haven’t received a lead yet, which is surprising.  And for CraigsList, I’m changing my approach a bit.  It seems that my commercial looking ads and even some of my more aggressively worded ads get flagged almost immediately.  I’m going to try out a text-only ad that specifies that I’m looking for cash-buyers in the area, plain and simple, short and to the point.  We’ll see how this does locally and then I’ll have to go national with CraigsList.  I would still love to invest in an Auto-Poster software for CraigsList, any suggestions?

So goals for next week:
1. Submit a total of 20 offers on MLS properties
2. Submit an offer on at least one REO property
3. Make at least one offer on a FSBO

I’m going into hyper offer-making mode.  I need to secure beaucoup properties in the upcoming weeks.  Because I want many closings in the first quarter of the new year.  I’m to the point now where I feel I have pretty much everything in place that I need.  I have effective advertising methods, I get plenty leads, and I’m acquiring more buyers daily.  So once I have mo properties and mo buyers, I’ll have mo money and I could do without the mo problems.

- Peace Out

Real Estate accountability monday, Multiple Listing Service