Well, our market in Brevard County, Florida is saturated with Short Sales, Pre-foreclosures and Foreclosures. I have become a "short sale specialist" and now have Sellers calling me to list their homes.
The Sellers in foreclosure have been extremely grateful to me and very easy to work with, however, I am beginning to feel these homes may not be a good buy (bad feng shui) since there is a lot of animosity from buyers and their agents.
The short sale process is a long one and it is always unknown whether the bank will accept an offer on a short sale. Once they do accept (or counter), they almost always cut my commission. During this process, the buyers get impatient and angry that it is taking so long and once it is accepted, the agents get mad because their commission has been cut.
I try to explain to all parties involved (sellers, buyers and their agents) that this is a lengthy process, and that the bank controls the sale process. Since the banks are accepting offers for less than the mortgage payoff, they feel the agents should also reduce their commission.
Can anyone advise how I can create a more harmonious situation, perhaps by setting intention or by utilitizing some other form of feng shui?
Thanks in advance!
Sheryl Thomson
Short Sale Specialist
Exit Island & Beach Realty
Merritt Island, FL
321-360-8051
sherylthomson@hotmail.com
http://www.sherylthomson.com
I don't have the experience with short sales that you do, and I think after reading your post I don't want to, sounds like a whole lot unhappiness to me. I will be checking back to see what others post though as I am interested in other peoples opinions on the subject. -cem