Oregon Real Estate Wanted (http://www.oregonrealestatewanted.com) is a web site created for the marketing of the needs of people seeking to buy real estate in Oregon. Buyers are listed along with their needs and qualification so those that are seeking to sell real estate can contact them just like buyers approach sellers of real estate.
How it works:
Each buyer listed on the site will be given a serial number that will identify them to the public. We offer this so their privacy is protected and fairness in the presentation of all opportunities is assured.
Before being listed on OregonRealEstateWanted.com. A buyer must have met with a loan officer and obtained a pre-qualification letter. This letter will not be listed on the site, but the name and contact information of the loan officer the buyer will be working with will be included with their listing. We encourage the buyer to allow the loan officer to pull their credit report and review all of their income documentation so that loan officer can ensure the buyer is qualified for the loan program they will be applying for. We want sellers and real estate brokers that visit the site to have confidence that the buyers listed have the ability to close on a loan.
We will promote a detailed wish list the buyer(s) are looking for so people that have real estate for sale can compare that wish list with their property. If they feel they have something that is a good fit, they will be encouraged to contact us and we will then notify the buyer of an opportunity.
When a seller or broker notifies us of a property or listing that fits the buyer’s criteria we will present that property to the buyer for their consideration.
By doing this we will allow the buyer to have full access to the available properties that are available. Both properties listed on the multiple listing services and For Sale By Owners (FSBO) will be considered.
This web site will allow Stewart Group Realty to present our clients to a wide range of opportunities.
Oregon Real Estate Wanted
Yes, the buyers have to be represented by a Real Estate Broker. Right now, the only buyers listed will be Stewart Group Realty customers and clients. However, by the end of the month of August 2010 there will be a page for buyers represented by Real Estate Brokers from other firms.
There might be listings of homes for sale listed on the site in the future. At this time the focus of the site will simply be on buyers.
Two questions. (1) Do buyers have to be represented by a broker? (2) Can sellers post their homes for sale, represented or not?