Phoenix Realtor Warns About Online Property Auctions

The Phoenix news radio station KTAR has warning to avoid online property auctions. The story states that the Realtor "asked not to be identified"!

Here's what the Phoenix Realtor had to say:

"One Valley realtor says she's against them and warns of some pitfalls."

"The banks and developers are using them as an avenue to get rid of properties," she said. "Developers are trying anything at this time to sell their properties and get rid of them because they're in so deep."

This same stuff is happening in Concho, Arizona right now

Scottsdale Real Estate Agent Opens Concho Brokerage

A Scottsdale Real Estate firm has opened in Concho, Arizona. Welcome to Concho Bubba!

Development Fizzles

Recap on whats going on in the Concho, Arizona Real Estate area: nothing, zip, and zero.

This past 3 years or so I have seen 4 or 5 grand openings published in the local newspapers for land sales, new homes, and or developments.

What a joke! I think the money dried up along with the get rich frenzy that took over the Arizona real estate market.

Arizona Department of Real Estate

Here is the Arizona Department of Real Estate website link if you have had any problems with Arizona land or real estate. You can find links on the site to file a complaint with them.

$5,000 Concho Lots Listed For Sale For $50,000!

The market is flooded with people trying to sell $50,000 1/2 acre lots around the golf course that are only assessed for $6,000 or so. These people bought these lots for $5,000 and jacked up the prices to $50,000! LOL! I watched this going on this past year and I feel sorry for the people that paid inflated prices for Concho land.

Some sellers of local White Mountains land and real estate this past year were telling people that they were running out of land to sell in Concho! Oh brother.

Brokers

Concho, Arizona Real Estate Brokers

Concho Realty
Designated Broker: Loomis, Michael
34558 HWY 180-ALT
CONCHO, AZ 85924
Phone Number: (928) 337-2366

VERNON REALTY
Designated Broker: OBY, KELLY
1594 COUNTY ROAD 3140
P.O. BOX 644
VERNON, AZ 85940
Phone Number: (928) 532-5500

The Concho real estate broker information was retrieved from the Arizona Department of Real Estate public database.

Arizona Department of Real Estate
Phoenix Office
2910 N. 44th Street
Phoenix, AZ 85018
Main Number: 602-468-1414