Home : Blogs : Ken Tracy Naperville Illinois Real Estate : KEN'S STORY...Naperville Illinois Real Estate Blog

A SHORT SALE SUCCESS...

Wow. It can happen. You can close a short sale...

I did it today. It wasn't easy.

My seller first called last September. "Hi Ken, I found you on the internet," he announced as he introduced himself...

At the time it was a very important call...

I had just began work at my new office and didn't have any listings. Without listings a real estate agent is practically out of business, and the first listing is always the hardest to get.

It was also my first client that came directly from my blogging efforts here on Active Rain.

"Do I ever get any business from blogging??" Yes I do. Thank you very much...

Finally, it was my first experience listing a short sale. I had been warned about the challenges of selling short sales. What better way to learn?

We put the home on the market in late November, and after enough adventures to fill an Indiana Jones movie, the home was sold today...

10 S 087 Alan Road, Naperville

Congrats to the nice family who bought the home.

Ken

To buy or sell a home in Naperville or anywhere in Chicagoland, go to my website anytime.

Indiana Jones #4

Your Naperville Realtor

Ken Tracy Real Estate on Facebook

Posted by Ken Tracy Naperville Illinois Real Estate on 06/29/2009 09:46 PM

Comments (19)

Short Sales in the ActiveRain Channel

indiana jones in naperville, short sale success, short sales in naperville, getting business from blogging, selling homes in naperville

Originally posted at: Ken's Naperville Real Estate Blog : A SHORT SALE SUCCESS...

Generate short URL

Post is included in group: Addicted to Active Rain
Post is included in group: Dedicated Bloggers
Post is included in group: Realtors®
Post is included in group: The Lounge at Active Rain
Post is included in group: "Whacked"!!!

19 Comments on A SHORT SALE SUCCESS...

JUN

2009

Congratulations Ken... all is takes to close on Short sales is the determination and persistence to do so.

Ken,

I have two approved short sales from February...persistence as Missy says is all it takes.

I have two other offers...waiting...

Both of mine should close in the next two weeks.

Congrats Ken! That is great! I love getting listings from our Active Rain blog. Keep it up, you will get more. About 60% of all our listings are from our blog and we carry a lot of listings. So keep blogging and getting those listings. It works. Katerina

That is such a great feeling to get that listing and have it sell, especially a short sale. Congratulations on a job well done!

Ken - Congratulations! What a great feeling to get a short sale closed after hearing how hard they are to get closed.

Hi Robert, Sandra, Katerina, Karen and Missy. Thanks so much everyone.

It does feel good.

I NEVER thought I would be paid. I chalked it up to an endless learning experience.

And then today, it closes!

Thanks again,

Ken

Hi Ken... Congratulations on closing your first Short sale! It's a good feeling when they finally happen!

Good job! They do take a while but its a really good feeling when you get one closed.

Ken, way to hang in there. These short sales do take time. Internet does work. Good for you.

Ken and Others,

First great job Ken, they are hard to be patient with, that is for sure!

Do any agents ever consider turning the short sale negotiation process over to short sale specialists? For instance I have the means to purchase many short sale homes(right now I am focusing on executive level homes), but I need to negotiate directly with the lenders. If the numbers work out, I will purchase the home, then relist it with an agent(the agent who refers the short sale to me) to sell. That way I work the short sale and the agent gets a good commission without having to do the dirty work.

If anyone IS interested, do feel free to contact me for more information (dan@bluecoastfunding.com)

Dan

Congratulations on your short sale Ken. As other said, "all it takes" is persistence... and I say it also takes a little luck. :o)

JUN

2009

Congrats on the short sale. I'm going to take a shot that in your instance the bank was not C-wide. They have to be the worst.

Congrats Ken on a successful Short Sale closing. I am glad to hear a good report about short sales.

Dude...congrats on the wild ride. Great to have the ability to get off....

Congrats on your success with the short sale my friend. Those can be very tough. Luckily we don't have very many here, but we do have a few.

Hi Larry, Don, Ed, Shirley, Dan, Frank, Chuck and Steve. Thanks so much everyone.

It does feel good. Real good.

It actually was c-wide. Had a second mortgage.

I honestly didn't handle the "dirty work".

I had a near professional short sale negotiator helping in the process.

Thanks again all,

Ken

Hi JL. Interesting that you don't have many.

Becoming more common here.

Thanks for reading,

Ken

JUL

2009

Hey There Ken-I just wanted to congratulate you on your first Short sale-sale.

JUL

2009

Hi Joe. Thanks so much for all of your support.

Ken

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?

Ken Tracy Naperville Illinois Real Estate

Naperville, IL

More about me…

Keller Williams Infinity - Naperville

Address: Naperville, Lisle, Plainfield, Aurora, Downers Grove, Wheaton, Glen Ellyn

Cell Phone: (630) 697-0536

Email Me

My story. From rags to riches in the crazy world of real estate sales...

Listings

Links

Archives

Find IL real estate agents and Naperville real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.