So yesterday I was checking in my my six week old offer to a BoA short sale property for a buyer.  It's my first real "dip my toe in the water" of the buying end of one of these.  I have gotten alllllll kinds of advice, the best of which is to have tons of patience, and have a buyer who can hang around and wait . . . and wait . . . and then wait a little bit more.

So I've got the buyer who fits the profile and away we go.  So my curve ball is that there is a third party negotiating the short sale for the Seller.  The listing realtor really has no idea what this guy is up to in all honesty. I would fear for my real estate license if I were him.  Anyway, the accepted contract expires next week, and has not been approved by the bank at this time, even though lister claimed it was preapproved by lender.  Right.

So as a good buyer's agent, I am diligently seeking a way to determine if this thing is going to go together or not.  Turns out, after really sniffing hard on this deal, that BoA has no interest in doing deals anymore with a middle man. So the guy calls me and wants us to redraft an offer directly for the Seller and bank, and do something to include an "option release fee" of $2500 for the guy I have been dealing with and who is not the licensed realtor.

Starting to smell a bit funky? You bet it does.  If only there was a way to contact BoA directly to know how to get this deal done, since the buyer has her heart set on this one . .

But they say this is the new new of our business, so I am going to ride this bus until it gets to the finish line of crashes and burns!  If I learn a few things from slim shady and the lister, it may serve me in the long run!