REA Archive Offerings/Bids

[Peter_Spaeth]

Originally Posted by perezfan

Thank you Brian!

I made the offers a few weeks back.... Thus, my questions about being notified either way. I'll look for the responses off-line, and really appreciate you addressing this.

Thanks as well to REA for creating this cool new program! I've drooled over countless lots in past catalogs, and even if only 1 in 10 of these requests comes to fruition, that a very cool option!

I would guess it will be closer to 1 percent than to 10, but if Brian and team are willing to do the work, no downside.

[Beastmode]

Originally Posted by Peter_Spaeth

I would guess it will be closer to 1 percent than to 10, but if Brian and team are willing to do the work, no downside.

++ only entertaining offers that exceed what winner paid? So not what it's worth, just what someone has into it.

[perezfan]

Originally Posted by Peter_Spaeth

I would guess it will be closer to 1 percent than to 10, but if Brian and team are willing to do the work, no downside.

You might be right about the 1%, but my success rate with Heritage (who has a similar program) is closer to 30%. Admittedly it's a small sample size, but is certainly a potential win-win, with the seller not having to do any real "work" in order to realize the sale. Definitely no downside!

[Leon]

Originally Posted by perezfan

You might be right about the 1%, but my success rate with Heritage (who has a similar program) is closer to 30%. Admittedly it's a small sample size, but is certainly a potential win-win, with the seller not having to do any real "work" in order to realize the sale. Definitely no downside!

30%? That seems like a good success rate for offers. Maybe I should start making some!! For the record I had a good offer on a high end card and didn't take it. I don't think I have ever made an offer though. It has just seemed like such a longshot.