Where did the whales go?

November 10, 2011 — foreclosures, hud, realtor, remax, short sale approval, short sales, west boylston, worcester county

Where did the whales go today?  Fred and Ethel are a pair of whales that one lucky member of BNI group get to carry with them for a week in between our meetings.  BNI is largest business networking organization in the world and I would be happy to chat with you about if you are interested in finding our more.  BUT…back to the whales…the whales are awarded to the BNI member with the best 50 second commercial and I won them this week!

I thought it would be fun to see where the whales go for a week…

Here we are leaving the Whale Home Base in West Bolyston.  The whales dutifully come to every meeting at 7am on Thursday mornings for an hour and a half.  We meet in the basement of this church because it’s cheap, nice space.  Big room, lots of tables – great for networking.

Here the whales are taking some exterior pictures of a property in Worcester.  This property is being valued by a bank as part of a bankruptcy case.  Part of my job unfortunately consists of performing market evaluations on properties in foreclosure or about to be foreclosed on.  We are expecting to see an increase in foreclosures in the fourth quarter.  This makes the whales sad because there are a number of options for distressed property owners.  If they were able to reach out ahead of time (when their financial trouble start) I can help them!

Here the whales are at yet another property in Worcester that they need to process a valuation on.  The whales are getting tired on this rainy Thursday morning because there are 8 properties on their list today.  EIGHT!  In one day!  For just one Realtor!  Multiple that into the number of Realtors there are and it’s staggering.  One in eight homeowners on average across the country are in financial distress and either behind in their mortgage or in foreclosure.  *whew* the whales are shocked at the news and we had a long conversation about the various options for these people…such as modifications, short sales and legal consultation.

The whales stop to refuel.  It’s a little known fact that whales actually survive on caffeine alone for most of the week.  Truly.  I think I saw that on a NatGeo special.

Ah-ha!  The whales are excited!  We just got word that we have short sale approval on a house in LESS THAN 30 DAYS!  That’s amazing!  These home owners will be free of their financial burden and can start to put the rest of their lives back together by the first of the new year!  What a great way to spend the afternoon!  Processing HUDs, submitting backing information, dotting all the “i”s and crossing all the “t”s.  Another little known fact about whales is that they are detail orientated.  Really…I think I saw that on the same show.

It’s a rainy evening without any appointments for a change and the whales have decided to celebrate their WIN today with the short sale approval by having a cool frosty one while reviewing tomorrow’s schedule and making sure everything is ready.

The whales did good today in their first “real” day of real estate with a RE/MAX Realtor!  Let’s see how they do tomorrow!