As we have previously discussed, we at 2ShortSaleGuys will not put your home in the listing service until we have all the short sale documents we need to facilitate the short sale transaction. Once we receive all the short sale documents needed, we review those short sale documents to ensure they have been fully filled out appropriately and that you have given us the correct supporting short sale documents we need, such as bank statements, tax returns, pay check stubs.
After we have all short sale documents verified, we will begin to process the short sale with the mortgage lender as well as place your home on the market. One of the reasons that 2ShortSaleGuys are so successful is that we have systems in place and make sure those systems are followed. Melanie, our Short Sale Facilitation Assistant has a checklist and verifies the documents. She typically contacts that sellers for updated or missing short sale documents.
The next critical step in the short sale process is making sure that we price the property appropriately. This is the single most important step to selling your home as a short sale. Both Bill Bythewood and I individually price the home and then collaborate on our findings in order to most accurately price the home. We will look at the active listings that match your home but very little weight is given to active listings. Next, we pull the homes that are currently under contract to see what is under contract waiting to be sold, again, very little weight is given to these listing because although they are under contract we don’t know what they will be selling for. Lastly, we pull the sold comparables that have sold in the last six months, greatest weight is given to these because the variables are known and these are the best for measuring how much your home will sell for.
Once we have determined the price for your property, I then begin inputting the home into the listing service. We have an average of 46 marketing days until we have a contract on the home. This is because we systematically price the home as well as have procedures in place for price reductions.
CLICK HERE to see our current Short Sale Listings as well as other properties available that may match your criteria.
For more information, please visit our website at www.2shortsaleguys.com or you may call us at678-279-5977
Nakia Brooks and Bill Bythewood are licensed Real Estate Salespersons with the State of Georgia and their license is currently held with Keller Williams Realty – Lanier Partners (678) 425-1988
Comments(0)