Lori Mode's Blog: Join Us for our Foreclosure Home Bus Tour

Join Us for our Foreclosure Home Bus Tour

Foreclosure bus for tour

 

 

foreclosure bus tour heading

 

 

 

Saturday, February 23rd from 9:00 AM till 1:00 PM

Registration is at 8:30 AM at Keller Williams Realty, 9355 E Stockton Blvd., Elk Grove, CA  95624

This tour will highlight the Elk Grove area!  With over 380 active foreclosures in the Elk Grove area - zip codes - 95624, 95758 and 95757 and great financing, now is the time to buy!

 

Join The Mode & DurhaM Team on our monthly foreclosure bus tour!

 

We will view different areas of Sacramento County each month highlighting 10-12 homes in each area.

 

Learn about the local market, the foreclosure process, financing foreclosed homes amd much more!

 

Each of our tours is accompanied by dedicated real estate agents with extensive knowledge of the areas we visit, an experienced mortgage lender and escrow officer

                                   There is a $20 per person fee to attend the foreclosure tour.

 

Sponsors:  Rico Rivera of Old Republic Home Warranty, Beth Gewerth of IndyMac Bank and Sherry Nation of First American Title Company

Sign up today - www.AllElkGroveHomes.com or call (916) 230-0371 to reserve your seat. 

Lori Mode and Bruce Durham, Keller Williams, Elk Grove

 Mode and DurhaM Team                                                         Bank Repo Open House                                                

 

 

Lori Mode

Lori Mode and Bruce Durham, Keller Williams Realty - Elk Grove

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Lori Mode and Bruce Durham, Elk Grove agents

Comments

Very creative.  I saw something like this on the news the other night.  How is it going so far?  Would you start it again if you had the choice?  Best of luck to you!
Posted by Josh Austin (Corona Real Estate) over 4 years ago
Please update us on how it works, would love to try this in my area.  I think it is worth a shot, thats for sure.
Posted by Jeffrey Dolfinger, NRBA Member (24/7 Realty Inc.) over 4 years ago

Josh - We saw it on the news also and spoke to the Keller Williams agent who was on CNN with it.  He did great and the response to ours so far has been wonderful.  We are inviting past clients, investors, buyer prospects and putting out flyers at our REO Open Houses.  We think we will have the bus full which is about 45. 

Jeffrey - I'll be glad to let you know how it turns out.  We're very excited about it.  We have been holding REO Open houses during the week with an incredible amount of success so thought this would be great to go along with it.

Posted by Lori Mode and Bruce Durham 916-230-0371 DRE License #00935148 and #00875356 (Keller Williams Realty - Elk Grove, CA Homes for Sale) over 4 years ago
Lori, that's a great way to get them in the door!  Hope you do a follow up post on this one!
Posted by Patricia Kennedy (Evers & Company Realtors) over 4 years ago
I'm curious how this worked for you - there are 2 bus tours in our area this weekend and I am looking into doing a tour in my own town. 
Posted by Bo Buchanan (Kettley Realtors) about 4 years ago

Bo - so far we have done really well with them.  We have other tours going on in our area also, however, we still are not having a problem filling the bus and it holds 45 - 50 people.  We do have an eductional piece to ours also where we are giving the buyers information on how to buy foreclosure properties.  We have a lender, an escrow officer, and a home warranty representative along on the bus to give the buyers information also.  After our last tour, the lender took 5 loan applications that day - she was very busy.  We have only written 2 offers right after the tours but are currently working with many of these buyers and have written several offers since.

This is a lot of work - we preview all of the homes in the week prior to the tour and due to the increased activity in the marke here, we are having to make changes to the tour even the day before due to some going pending.  We try to make sure we are showing them the very best deals in the area along with giving them an education on the process. 

If you are intereste in doing one and have any specific questions please feel free to ask me.  We are having a lot of fun with it and having success at the same time. 

 

Posted by Lori Mode and Bruce Durham 916-230-0371 DRE License #00935148 and #00875356 (Keller Williams Realty - Elk Grove, CA Homes for Sale) about 4 years ago

hi,

 

 i'm looking at starting tours myself please let know how to get started.

 

msholly in GA

Posted by msholly almost 4 years ago

msholly in GA - we just started!  Just jump in with both feet!  You need to find a bus company, ours runs about $650 for 5-6 hours on a Saturday morning.  We don't have to put up anything until 10 days before the date.  We have a lender, a title company, a home warranty company and a property manager who participate in the tour...help with food, the cost of the bus, etc. and help with education with the buyers.  We have found the the education portion of our tours has been what has set us apart from other tours in our area.  We are trying to educate buyers on the market in the area, the process of buying a REO property and the process after they purchase - especially if they are an investor who is gong to rent the property out.  The education portion did take a while to develop. 

Also, we go take he buyers to approximately 12 homes - I have heard of some that jut drive by, but that doesn't work here...the buyers want to see and touch the interiors of these properties.  While they are looing at them we are continuing our education. 

The tour generally takes about 3 hours and then we return to our offce for lunch and a questions and answer period.  Last time our lender took 3 or 4 loan apps on that day.

If you have other questions please let me know.  I'd be happy to answer them.

 

Posted by Lori Mode and Bruce Durham 916-230-0371 DRE License #00935148 and #00875356 (Keller Williams Realty - Elk Grove, CA Homes for Sale) almost 4 years ago

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