Scam: How to Sell Your House in 5 Days-Update

Back in November, I came across an article that talked about how this writer saw an ad on Craig’s list for a property that was 50% below the market price for the neighborhood. It had him intrigued. He proceeded to check out the upcoming open house only to find out that it appeared to be some sort of bait and switch program going on with an unlicensed agent to sell this house.

I originally called this How to Sell Your House in 5 Days a Scam. Recently, I was doing some geek work on this blog and noticed that I get many searches from Google about How to Sell Your Home in 5 Days. It got me wondering ...

The rest of this article is available for members. Membership is Free!
Login or Register

Powered by wordpress membership plugin MemberWing-X

2 comments

#1Chris LengquistJune 7, 2008, 7:57 am

The gullability of some people is unbelieveable. Just because something works once or even twice does not mean it will work all the time or with various different properties.

#2ronJune 24, 2008, 4:44 pm

I actually read this book about 4 years ago, and sat down with the main national marketing guy and had some drinks locally. He is a great presenter, I think this concept worked great a couple of years ago, but not in this market. On the surface it looks simple, but they have an exact way of doing things. Personally my only main objection was the bait in switch, I didn’t like to tell someone a low price in which I would not sell under any condition, other than that, the presenter was a nice person, and years ago I guess it worked well. I also know some people locally that focused on this full time, so they believe it works.

Add your comment

Nickname:

E-mail:

Website:

Comment:

Anti-Spam:

What is the sum of two + eight ?

Other articlesgo to homepage

	Question: Is there typically a 1099 on a Short Sale(2) One of our team members asked the following question today: Can you or the team answer a question about 1099 income on a short sale. I thought a home owner who sold via a short sale wasn’t liable for the difference with the Debt Forgiveness Act? I’ve just received an approval from the bank on my short [...]

	Save Money in Taxes When You Sell(3) What can a 1031 Exchange Do for You? When you go to sell your appreciated property, it would be a real waste to give away much of your hard earned equity because of capital gains taxes. A 1031 exchange appeals to only one kind of investor: The investor who wants a better investment without getting socked [...]

	Prepping to Sell your Investment Property-Revisited(1) I believe that most real estate investors are probably more excited about the day they will sell their investment property, than the day they buy it! I first wrote about this topic back in August 2007. After seeing about 500 more properties since then, I thought I would revisit my original prepping to sell list [...]

	The Real Estate Market Cycle-Expansion Phase(0) This is our last post in our series about “The Garrison Cycle”. A theory created in 1985 by Marc Garrison who also started the National Association of Real Estate Investors. As we enter the Expansion Phase, demand for all property (investment, single family, new construction, and even rental) begins to increase. Eventually, demand will overtake supply and prices of properties [...]

	The Real Estate Market Cycle-Absorption Phase(0) We are exploring a concept called, “The Garrison Cycle”, in our continuing series. This theory was created in 1985 by Marc Garrison who started NAREI. In the Absorption Phase, all factors including prices, inventory, sellers & buyers motivation, economic climate, mortgage products, and even government regulation have changed from the previous two phases to make investment property attractive again. [...]