Sherman Oaks Short Sale Realtors come in a lot of shapes and sizes, indeed lots of creeds and colors, political parties and religious affiliations. While being a member of a certain group or being a certain type of person may make one a good person, does is have anything to do with being a good Short Sale Real Estate Agent?
Not Necessarily.
There certainly is a skill set that underlies all the good Short Sale agents. Compared to a regular equity sale, the Sherman Oaks Short Sale has different characteristics that an agent must master to be great.
1. Persistent Communication
The time factor in getting a Lender to approve a Short Sale may be one of the biggest stumbling blocks to agents who want to master the process. Keeping after the Bank in a way that is strong without being off-putting, and then aggressive enough to know when to "Escalate" a file to get things to happen, this is one of the crucial skills in being successful with Short Sales.
Along with the communication with the Lender, it is also important the potential buyer knows what is happening. Often many short sales are lost because of poorly managed expectations on the part of the Buyer's agent to the buyer. As we approach Mastery in Sherman Oaks Short Sales, our communication with the Buyer side is also as diligent and we help them to set expectations appropriately.
2. Organizational Skills
A regular equity sale needs someone handling the myriad of details, getting the one hundred and fifty or more pages of documents together, signed, on time, all the "I"s" dotted and "T's" crossed. There are many different people from many different trades that have to work together and coordinate toward a successful closing.
Now take a Sherman Oaks Short Sale Lender who decides after three months of having everyone wait that they don't want to close in 30 or 45 days per the contract, instead they MUST have it closed or no deal in ..... 21 days. It happens.
There is nothing extraordinary about closing a deal in 21 days if the Listing Agent has all the control.... and they don't. Lenders that they are often not familiar with will drag their feet and blow up a deal. Handling some of these issues up front is what separates the excellent Short Sale Agent from the novice.
While some of the great Sherman Oaks Short Sale agents have learned these key skills through the school of hard knocks, some of us have had an advantage of operating our businesses like the workings of a Swiss watch from the outset.
If you want to experience the difference that a move from good to great can make in your life it's easy to get more information. Simply send me an email at vincemceveety@gmail.com or give me a call at (310) 272-4935 and we can discuss what's happening in your mortgage relief quest, the NINE Alternatives to Foreclosure in Sherman Oaks, and find the solution to your situation.
Peace to You and Yours.
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST
Vince, great blog. And I love the way you Google yourself in a link. I just may have to be a copycat...
Sep 29, 2011 11:26 AM
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