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What Does a Realtor Need be successful on Short Sales?

By
Real Estate Agent with Exit Realty Laredo 657593

What Does a Realtor Need be successful on Short Sales?

Could this be an area for you?
 I will tell you what you need to success on short sales.

1) Patience.
2) Persistence.
3) Skills for problem solving and Skills to negotiate with lenders.
4) Daily Follow UP (1 voice message daily).
5) Practice makes perfect, you need practice, practice and practice, you will get more experience on how to deal with this branch of real estate.

If you have not checked my past blogs / new ones, please check these ones:

What Does a Realtor Need be successful on Short Sales?
When is time for a Short Sale?
Tips to influence a BPO (Broker Price Opinions)
Phone Numbers to work on your short sale
Short Sale Documents List From Seller
The don'ts of a Short Sale
The do's of a Short Sale
Short Sales are good if you know how to handle them


Aurora Colorado Real Estate Aurora Colorado Homes for Sale Colorado Spanish Speaking Real Estate Agent Realtor 

Blue Ridge Ga Real Estate >> Real Property in Blue Ridge Georgia
United Country Landmasters - Ellijay, GA
Patience is the key in all real estate transaction especially in short sales. 
May 31, 2007 11:49 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
Ray, very good advice.  Like I have said before I have not had a lot of experience with these, but from what I have experienced I would also say patience, patience, patience three times as well.
Jun 01, 2007 05:48 AM
Cyndee Haydon
Charles Rutenberg Realty - Clearwater, FL
727-710-8035 Clearwater, Beach Short Sales Luxury Condos &Homes
Ray we're doing more and more of those here daily. Thanks for the post 
Jun 01, 2007 12:18 PM
Jack Haydon
Charles Rutenberg Realty - Clearwater Beach, FL
Clearwater Beach Condos - Real Estate Homes for Sale

Thanks Ray!

Jack

Jun 01, 2007 12:26 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I would have put Persistence twice. Without it I don't think I could survive.

Jun 01, 2007 05:34 PM
Ray Delao
Home Foundations LLC - Grayslake, IL

Everytime I see your posts, it's always something new and worth keeping

thanks

Ray

Jun 04, 2007 03:30 PM
Roberta Lee
Century 21 Olde Tyme - Norco, CA
Norco Corona Riversid Homes For Sale

Ray

Gee I miss your presence. I hope you are busy making money for you and your family and not that  you or your family are sick.  Let us know. :/

Jun 04, 2007 03:42 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Neal, I am dealing with one right now in it is process, wish me luck because I will need it,  I will have more, but they are very time consuming, there are some processors specialist for these ones,  they charge 350 at front, whether your close it or not , they work for you, it is not bad to give better service to use that service.

thanks for stopping by, sorry for delay that I took, very busy my friend !!!

 

Jun 04, 2007 07:17 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Doug,  Can I tell you a little secret?  you are absolutely right :) thanks for stopping by and post your comment, you are already on my list, sorry for the delay that I took to answer, I was kind of busy, but I am back !

 

Jun 04, 2007 07:18 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Cheryl, and you do not agree in the other ones ? hm..., I am just teasing you, thanks for posting and for stopping by, keep the good work, you are on my list and sorry for the delay that I took to answer my blog !

:)

 

Jun 04, 2007 07:19 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

George, do you have experience in foreclosures, they are easy and fun, well, I do not know if you like them, I am not the expert on Short Sales, but I have learned a lot :) so I can share what I learn and practice, take care and keep the good blog !

 

Jun 04, 2007 07:21 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Cyndee, of course, right now, here it is the market, thanks for stopping by and your comments and sorry for the delay that I took to answer!

 

Jun 04, 2007 07:22 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Jack, you are welcome my friend, keep the good blog and work, I hope to see you here often, I have not had time, I have been very busy lately. Hm..., but well, what I can do? :)

 

Jun 04, 2007 07:22 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Todd, I agree with you, If you do not have persistence, you can not survive :) thanks for stopping by and post your comments. I always appreciate it !

 

 

Jun 04, 2007 07:23 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Roberta, I am very sorry, I apologize to be away, hm....  when the duty calls you, you can not do anything more, just to give service and help people, I would love to have all the time to write and keep blogging, I have seen that you improved a lot your blogs.  I have not had time to write on them, but I just took a quick super fast review on them without commenting ! :) keep the good blog my friend and Hope that you are doing good.  Congratz !

 

Jun 04, 2007 07:26 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Ray,  Hey I believe that we are like brothers in other state,   Ray & Ray the Real Estate Team, :)

keep the good work, you are doing so good, I read your message and I also answered back :P
so funny aabout the picture, you should write a blog of that !

 

Jun 04, 2007 07:37 PM
Mary Pope-Handy
Christie's International Real Estate Sereno - Los Gatos, CA
CRS, CIPS, ABR, SRES, Silicon Valley
Ray I did two of these early in my career, and I have to tell you, they weren't much fun. Luckily we don't have too many of them in my market. There are some, though, and your advice is a good reminder to me.
Jun 05, 2007 02:30 AM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor
Mary, you are welcome,   they are pain in da ####  LOL :)
Jun 06, 2007 12:53 PM
Alex Charfen
Charfen Institute - Austin, TX
Great post, it would be great if we could all pull together and share information on what lenders are cooperating and what the terms of individual deals were. 
Aug 04, 2007 01:38 PM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Thank you very much Ray for this great compillation of well written, concise, to the point, information!   I would like to help a few people who are currently stuck in very bad situations. 

One in particular is a single mother of 4.  If I don't learn all I can in a short amount of time, I may not be able to help her.  I subscibed to your blog and I added you as an associate. 

You are doing the business for the right reasons, and it shows.  I am proud of having you as my associate!  All the best to you and your family!

sincerely - Mirela

Jan 03, 2008 04:01 PM