I am a proud attendee of this exclusive seminar for Keller Williams Realty agents who sold 6 million and upwards in the past year especially if you are an agent who has a mindset to make more this year. There must have been more than 3,000 people who attended today's sessions, agents from all over the country. I took the opportunity to network with 40 or so agents, exchanging business cards from attendees from California, Seattle, New York, Arizona, Tennessee and Kentucky. The majority of cards collected were from California. I had lunch with 2 agents from Stockton who shared with me the challenges they were facing in today's market. They said that if not for short sales, they would not have any income by now. Most of their listings are "short sale" listings which means that the sellers are very motivated because time is of essence. If the home isn't sold, the sellers face foreclosures.
As explained by the Californian agent, the advantage of a short sales opposed to a foreclosure is that the seller has a debt judgement carried on their credit history for 2 years while a foreclosure remains in their record for 7 years.
I have asked if the Stockton agent have any absurd incentives that have been given to buyer's and the most she had to share with me was: a builder was giving a choice of an SUV or a truck. If you have any absurd buyer incentives, oh please do tell by clicking on the Comments icon.
