Not Every Realtor Is A Short Sale Realtor

If you are a homeowner in foreclosure or if you are behind on your mortgage and you want to explore the opportunity to avoid losing your home to foreclosure by selling the house via a short sale then you’re going to either need an attorney or a short sale Realtor. Maybe even both.

However, not all real estate agents are well versed in short sales and what’s even more disconcerting…many will flat out lie to you and say that they are without having the slightest clue as to how to handle them. You see there is no regulated oversight that designates any real estate agent as a short sale Realtor. So what do you do?

Well you must be prepared to ask some very pointed question and you need to perform some very tough due diligence. This is your home and financial livelihood. Do you want to entrust your future and that of your family’s to some agent who is posturing as a short sale Realtor?

Real estate sales in Washington County decline 12 percent last year The Herald-Mail, on Sat, 16 Jan 2010 12:49:03 -0800 Long story short: For Realtors, the message to get out to homeowner clients now is this is still a buyer’s market. “It’s still the leverage is on the …

Former Naples Realtor sentenced to probation in mortgage scam Naples Daily News, on Thu, 14 Jan 2010 15:11:41 -0800 Investigators found that Kastle Realty in Naples, which Margaret Giresi owned, paid rebates to Osmanson and Protzman following the sale of properties. …

The new exit strategy: A short sale – BusinessWeek Is it better to have my realtor talk to my lender about agreeing to a short sale or should we do it. We just put our house on the market to try and sell and …

it seems that some real estate agents actually get it…bout time, here’s one The Beauty of the Short Sale Transaction (No Folks, I’m Really Not Kidding) (agentgenius.com)

Comments

2 Responses to “Not Every Realtor Is A Short Sale Realtor”

David Taylor says:

September 28, 2009 at 7:35 pm

Every short sale real estate agent should have a real estate investor they can work with. The investor is the cash buyer they need to submit the short sale and this allows the full 6% commission to be paid. The investor also will conduct the short sale with the bank and with their experiance conclut the sale in a short time