Real estate agent (4th generation) and blogger in Orange County, California. I work with both buyers and sellers, and specialize in Lake Forest and surrounding areas including Mission Viejo, Rancho Santa Margarita, Irvine, Laguna Hills, and Aliso Viejo.
I advertised my services in Orange County, CA on Compuserve in 1997, and a buyer from Chicago responded. So I met my first web client then. I remember he did buy a nice house from me, and it was a very smooth transaction! Everyone at my office thought it was a fluke, because "the whole internet thing was just a fad!" Vicki Lloyd, MBA, e-PRO, ACRE, Realtor http://LiveLakeForest.com (949) 457-0281
Unfortunately, consumers really like free. The traditional commission model of only being paid for success takes all the risk away from the clients, and that is how many of them want it. I am an "Accredited Consultant of Real Estate", and offer to be paid by the specific task, or the hour, or other ways that are measureable, but they have to sign a contract and pay as they go. Even though it offers them considerable savings, they really don't like assuming our risk and 99 out 100 will still choose traditional pay-for-success-only! (See: http://www.theconsultingtimes.com) Vicki Lloyd, MBA, e-PRO, ACRE, Realtor http://LiveLakeForest.com (949) 457-0281
I don't understand how you can say someone wouldn't want to "bet their house" on the loan mod. They ALREADY bet it and lost! For the borrowers who are upside down and can't afford to make payments at their current rate, they have NOTHING to lose. This may only be delaying an inevitable foreclosure, but from the consumer's (homeowner) point of view, it's a windfall. Vicki Lloyd, MBA, e-PRO, ACRE, Realtor http://LiveLakeForest.com (949) 457-0281
