CEO Kelly on CNBC: ‘It All Depends on the Stimulus Plan’

Posted by: najirashid on Friday, February 6th, 2009

CEO Margaret Kelly Speaks on CNBCOn January 5, 2009, Dave Liniger Chairman and Co-Founder of RE/MAX International met with Broker/Owners to discuss the state of the real estate industry. One of the key statistics that stood out for me was short sale properties and bank foreclosures were going to be 30-40 percent of the real estate transactions over the next 3-5 years. On February 5, 2009, Margaret Kelly CEO of RE/MAX international appeared on CNBC’s ” Power Lunch” and had messages for consumers and real estate agents. Margaret stated “If you are going to work with a REALTOR to get your home sold or purchase a home, they have to know how to handle REO’s, short sales and foreclosures.

As a consumer you should make sure your agent is experience in handling these types of tranactions. You should ask your agent how much experience he or she has in short sales or bank foreclosures. It could determine if you win the bid or get your home sold. Please watch the video.

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Topics: Buyers, Sellers

 

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