Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
Hi folks. This question has been on my mind for months now. "What percentage of Short Sales really close?" Most folks throw out numbers of 20% to 25%. But my opinion is that they are not only wrong but they are way off. I have been pulling data for several days now from my MLS trying to come up with some empirical proof. But it just ain't happening.
The problem is I can't tell how many withdrawn and expired listings were actually re-listed and closed. I guess I could flag the current listings and monitor them over a period of time. But hey...I have to work for a living so I'll pass on that. Anyway here is my unscientific conclusion.
First, I think I can agree that only 20%-25% of Short Sale TRANSACTIONS close. I can base this on my own experience. I know that it normally takes multiple transactions to get any one Short Sale closed. On some I have had as many as 5 different buyers before one actually stayed in the game through closing.
However, the percentage of transactions closing is far different than the percentage of Short Sales that actually close. Short Sales, in this case, meaning the property. My percentage of PROPERTIES that are being sold as Short Sales that closeis well above 90%. And I also know that MOST of the agents that list and sale Short Sales regularly close 90% or more. The reason our percentages are so high is because experienced Short Sale agents qualify their Sellers at time of listing. Our Sellers are educated and are prepared to go the distance. Educated Sellers are willing toparticipate in the Short Sale transaction.
Too many Buyers Agents, on the other hand, are just throwing transactions out there and hoping they stick. I know this from experience too. Even when we (listing agents) fully disclose the Short Sale process and negotiate a contract with 120 days for Short Sale Approval, Buyers and their agents, STILL get antsy after 45 days and start looking for ways to get out of theShort Sale contract.
I guess...."What percentage of Short Sales close?".....depends on who you ask. Ask an inexperienced agent and they'll tell you 20%-25%. Ask an experienced Short Sale agent and we'll tell you 90%. Both are right. I can think of no better reason to hire an experienced Short Sale agentif you are needing to sell your property as a Short Sale.
So let me ask you this...."What percentage of YOUR Short Sales close?"
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
*Information obtained from Heartland MLS is deemed reliable but not guaranteed. *This is an eclectic blog combining a little business with pleasure; please consult a licensed professional before making life altering decisions. ♪♫Scan QR code for homes for sale mobile app:
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.