Why Agents Hate Short Sales?
Real Estate agents are being faced with the need to do short sales. So why do real estate agents hate short sales? I’ll tell you why they can be very frustrating. One of the Reasons they are so frustrating is that they take so long and you can lose your buyer while you wait for the answer from the bank. If Realtors can change their perspective on this first buyer it can make a big difference in their short sale. Alliance Short Sales in a company that provides: Education for Short Sales, Short sale Processing, Short Sale negotiation training. We would love to help you with your short sales with education, advice or service. Contact us at 509-747-1101.
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February 25th, 2010 at 4:46 pm
That’s not enough …
That’s not enough to get somebody’s license suspended. I don’t even think you can break the contract with your agent if he/she is not very proactive.
Besides, the sellers agent is just as bad.
It’s pretty much impossible to find an agent who’d be excited about a short sale.
February 25th, 2010 at 4:46 pm
@alteregoprincess …
@alteregoprincess you can get this agents license suspended because there is a law of due dilligence that all realtors are suppose to go by they are always suppose to do there best to sell your property
February 25th, 2010 at 4:46 pm
Great video. It’s …
Great video. It’s always good to have multiple buyers lined up before ANY deal closes. So if it falls through, you know exactly who to contact.
February 25th, 2010 at 4:46 pm
We’re trying to buy …
We’re trying to buy a short sale and we’re facing a different problem – lazy real estate agent. She won’t make phone calls unless we’re harassing her. Its frustrating.
February 25th, 2010 at 4:46 pm
Everyone is …
Everyone is entitled to their opinion. I have closed 100% of the short sale listings I have taken and by getting the buyers deposit and putting the property into pending status, it shows commitment on both sides. Buyer can still always cancel their offer if they are not serious, but at least they know where they stand. It works for me and I fell it is fair to the buyer as well.
February 25th, 2010 at 4:46 pm
Why would you do …
Why would you do that?? Why would a buyer want to lock up Earnest Money when the bank has not approved their deal? Who cares if seller signed contract it has to be approved by bank THEN i would give earnest money..
February 25th, 2010 at 4:46 pm
A great way to get …
A great way to get the sellers lender to approve quicker is to call them three times a day, within two weeks you’ll have your approval instead of five months.
February 25th, 2010 at 4:46 pm
Excellent video.. …
Excellent video..very helpful and somewhat encouraging. Thank you.
February 25th, 2010 at 4:46 pm
Maybe if you lock …
Maybe if you lock the buyer in a little better, like taking an EM deposit, they will be less likely to walk away.
February 25th, 2010 at 4:46 pm
That’s real estate …
That’s real estate for ya!
February 25th, 2010 at 4:46 pm
Great clip… very …
Great clip… very encouraging.