Short Sales are another way for Realtors to provide their services to the public.

Exactly how successful are the Realtors in Montgomery county MD righ now?

 Here are the numbers. . .

In 2007 there were 340total listings entered into the MLS system and branded as a short sale in the Internet remark section for Montgomery county MD

From these 340 listings. . there are only 21 reported SOLD for the whole year!

There are currently 29 "short sales" reported under contract w/ or w/out KO

The pick up in the properties under contract shows that Realtors are being more creative in getting these short sales SOLD.

Still, the percentages aren't that good. Are we setting up ourselves in getting listings that will not sell ?

How long before these banks wake up and start realizing WE ARE HELPING THEM!! and start talking to us like their friends and not their foes.

These numbers are telling us that the banks aren't structured to deal with us and the number of short sales is creating havoc in their departments unable to deal with all of us.

My advice to any Realtor that is currently doing a short sale:

Get your ducks in a row. . put your package together neatly and to the point.

I enclose a page of contents and if possible, once we find out who is the person in charge for our case, we sent them an overnight package containing the "works" from the hardship letter to the comps. . everything neatly divided and professional.

One more thing, make them sign when they receive it. . so the right person will get the package.

If you have any questions of comments, please let me know, I will be glad to share my experiences with short sales..

Visit my site for a pletora of SHORT SALES INFORMATION www.ReallyNiceHomes.com

 

 
This post has been included in Maryland Information

1 Comments on Short Sales in Montgomery County Maryland

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Fernando Herboso Real Estate Maryland, DC and Virginia (Choice Real Estate )
Fernando Herboso Real Estate Maryland, DC and Virginia
Germantown, MD
More about me…
Choice Real Estate

Office Phone: (301) 881-8900
Cell Phone: (240) 426-5754
Email Me


search mls realty maryland dc virginia foreclosures realtor


short sale realty, foreclosure prevention md, germantown, montgomery county



foreclosures in maryland and virginia , free foreclosure list


realty md, realty maryland

Add to Technorati Favorites

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find MD real estate agents and Germantown real estate here 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.
© 2007 ActiveRain Corp. All Rights Reserved