Foreclosure, Real Estate Agents and Me

From CaseyPedia

25th June 2007: in this post on IAFF, Casey gives his informed opinion on real estate agents.

Casey reprints an interview he gave to BlueCollarAgents.com. Because, y'know, it wouldn't do to have that sweet content exclusively on another fellow's blog.

He praises his short sale agent for (which property?}^{[citation needed]}: "As an investor I know how to do short sales myself and I know its not easy." Or, in his case, possible? However, he slams the "young lady" who attempted to sell his Angleridge property despite its unfinished construction work:

That was trash that my contract[or]s forgot to clean and it was taking a little longer to get in contact with them. I’m in California at this time and wasn’t able to baby sit the contractors. So it was taking an extra week or two to get the trash removed. Plus the trash was not on the front of the house. It was on the back and it was neatly off in the corner. We’re talking just some construction materials and stuff like that OUT OF VIEW from the street.

Ok I’ll give it to her on the trash, a little bit.

Casey retells the story of the disastrous Larchmont deal, blaming everyone but himself:

They knew I was a beginner investor/flipper and I feel they could have done a better job making sure I was aware of this deal being more or less a trap. Here is why. The appraisal seemed kind of inflated but they justfied and said it was legit. They low-balled the list of repairs. And they didn’t explain to me that in this neighborhood, there would be no where I would be able to rent out the house for what my 100% finance mortgage payment would be.

Casey begins and ends the post by asking for help: prevaricating over calling his lenders, he bleats "I need to get a new Skype headset for that. Anybody have one to spare?" and in his closing headline, he asks the clumsily-worded question:

How Can I Building a Network of Short-Sale Friendly Agents to Refer People in Foreclosure?

How indeed.

Casey also quietly trolls a few old photos onto Flickr, including a "semi-vegan" meat pie and the original revealing photo used briefly on an earlier post: "I just didn't want to give away my location too soon because the wanna-be detectives amongst you were on my tracks. Had to do a little baitin'. Sorry, can't help it."

[edit] Comments

Amazingly, Casey's begging continues to bear fruit: he is offered a free headset.^[1]

Tesla points out that "No one is here for your real estate advice. We’ll take your real estate advice when you’ve become a success at it."^[2]

[edit] Reactions

On EN, walt526 answers Casey's question:

You can't. Any agent who would partner with you is just trying to scrape a lead or two from the bottom of the barrel. Most likely, such an agent has very little to offer in the way of experience with short sales or otherwise. On the other hand, any agent with actual expertise in this area would want nothing to do with you.^[3]

Fake Casey Serin imagines the real answers to Casey's interview questions: "I really really liked the one with the nice cleavage."^[4]

Casey's interviewer Trevor Smith goes on to post a followup in which he attacks the haterz: "mean people suck." Haterz prove him wrong by arguing his points calmly and rationally.^[5]