Nevada Real Estate >> Las Vegas Real Estate Specialist: Quit whining about Short Sales. YOU are the problem.

Quit whining about Short Sales. YOU are the problem.

Very pertinent info for the Las Vegas Area Market!  Comments disabled, please go to Broker Bryant's post if you feel the need to comment:

Via Bryant Tutas-Tutas Towne Realty, Inc:

Need preforeclosure assistance? 407-873-2747

Hi folks. I was commenting on an article by Russell Shaw over at AgentGenius earlier and one person actually stated that instead of trying to solve the short sale issue we should be working on speeding up the foreclosure process.

Speed up foreclosures? Sorry but I’m in the business of helping people salvage some of their credit and get out of a bad situation with the least amount of damage. Speeding up the foreclosure process helps nobody.

Short sales fail due to:

  • Lack of knowledge on the part of the agent.
  • Contract prices that are too low.
  • Not qualifying the seller at time of listing.
  • Not setting realistic expectations.
  • Impatience.
Lenders are slow to respond due to:
  • Multiple offers clogging up the system.
  • Fake purchase contracts.
  • Incomplete Short Sale packages.
  • Fraudulent Seller financials.
  • Unnecessary phone calls.
Now folks I do know that the lenders are PART of the problem. But my honest opinion is that incompetent agents are an even bigger issue. I know this because I deal with agents on both sides of the transaction everyday that are truly clueless about the process. These agents are clogging up the system and jeopardizing their customer/clients financial futures.

I heard yesterday, from someone in the know, that the person in charge of training for one of the Major State REALTOR(R) associations has NEVER done a short sale transaction!! How ridiculous is that?

If you are handling Short Sales PLEASE join www.ShortSaleSuperStars.com. Together we can make a difference. You don't have to fake it. Short Sales are serious businesss and we are here to help in any way we can. OK?

 

Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.

Want to find out more? www.CentralFloridaShortSales.com

 

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0 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • December 29 2009 09:45AM

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