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What Am I Thankful For - Short Sales

Reblogger Michael Collins
Real Estate Broker/Owner with *ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent* 55387-090

I wanted to pass along a blog from Melissa Zavala. She makes some great points about short sales. Working with banks on short sales is very challenging, but at the same time a great educational experience. I too can say that I am thankful for short sales, especially because I am able to help out distressed homeowners.

Michael Collins, SFR
608-921-8536
Wisconsin Short Sales 

Original content by Melissa Zavala Cal BRE #01324959

short salesYes, that’s right. You do not need to clean your glasses. I wrote it and I mean it. I’m thankful for short sales, and I’m not talking turkey. Of course, I’m not thankful for short sales in the same way that I am thankful to my awesome family and the health and happiness of the ones I love, but I do have a strong sense of gratitude for how this market and short sales have changed my approach to real estate. 

While I know that short sales have been around for decades, they have never been more common then they are now. Of course, our nation has never seen a recession this deep since the Great Depression, which would explain why they are so common.

But, why am I thankful for short sales? Clearly, it is not because they make my hair gray and try my patience. For me, the short sale has pushed me to the limits and taught me to be the best that I can be. Never before have I been forced to think about real estate in the way that I do now. Never before have I had to strategize so much in order to reap success. Never before have I been required to study settlement statements and title reports with so much detail. Never before did my paperwork need to be so thoroughly prepared, reviewed, and complete.

Another great benefit of short sales is that now I can take more listings then ever before. With so many people having trouble making ends meet, there is no shortage of borrowers who may need to participate in a short sale. This, of course, means that my sign is everywhere in town. And, that provides me with lots of exposure. It is this added exposure that will fuel my real estate career for many years to come.

A third reason that I am thankful for short sales is because I love helping others. In fact, I’m thinking of changing the title on my nametag from Broker to Problem Solver.  I thrive on solving problems. And, doing just that (making people happy ‘cause I solved their problems) should pretty much provide me with life long referrals, just as long as I update my database and contact my sphere of influence regularly. 

Last, but not least, I am always up for a good challenge. The short sale transaction has certainly challenged me to be the best that I can be.

All of the magazines in my mailbox this past week discuss the 57 ways to cook a turkey and the effective preparation and execution of the Thanksgiving meal. The descriptions and reports made the process of preparing the meal seem so complicated. That being said, the Thanksgiving meal preparation has nothing on the short sale transaction.

Have a Happy Thanksgiving!

 

This post is a submission to the DocuSign/ActiveRain Thankful Contest. It's possible I will win a prize for writing this post. You could win a prize too by going to the Contest Announcement and sharing your own story.

 

(photo credit)

 

Melissa Zavala 
BROKER/REALTOR® ● DRE #01324959

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Jennifer Moran Foland
Keller Williams Realty Las Vegas - Las Vegas, NV
Las Vegas Homes, For Sale Summerlin NV

The only reason I would be thankful for short sales is that it allows me to help distressed homeowners.

Nov 23, 2011 05:48 AM
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Thanks for the reblog. Ironically, this is the post that I wrote about where someone else copied my work. What a perfect day (Thanksgiving) to see it here. Hope you have a good one.

Nov 24, 2011 01:36 AM