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It ain't over til it's over - a short (sale) story

By
Real Estate Agent with Keller Williams
It's very important to me that my clients know I believe in finishing what I start.  It is a personality trait that comes in handy in real estate, but it can also cost me at times.  My team and I recently processed a very difficult short sale that continued on for months.  The lender's negotiator was difficult, and we all believed that the short sale would fall through.  After months of going back and forth, the bank informed me that they were foreclosing on the property, and there was nothing I could do.  My team and I were dismayed.   However, a month later we were told the foreclosure didn't happen.  We got right back to work, going through the whole process again, and when the house closed, no one was more surprised than the client.  At that point, the time and resources that I had invested in the deal brought me to significant loss.  But the end result of helping the client through a difficult time and putting them in a better financial position, was well worth it.  It just proves that it's important not to give up.

Comments(4)

Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Well, thank goodness it wasn't one of mine, and I am sorry you had to go through that...I am afraid to ask who the bank was, but it sounds like two I had last year that Well's Fargo was unresponsive on.

Feb 01, 2013 07:52 AM
Wika Hutchinson
Eugene, OR
Broker, CRIS, SFR, CDPE

Mark, I am going through a short sale that is a total pain. I cannot wait close this one...!

Feb 01, 2013 12:15 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Congrats on winning that battle, Mark.  That must have been a wonderful feeling and that client will never forget you!  It will come back to later in one way or another.  Karma has a way of working out.

Feb 01, 2013 07:34 PM
Mark Boyland
Keller Williams - Bedford, NY
Your Source For Westchester County Real Estate

Thank you Wika, Evelyn and Debbie.  My team also processes Short Sales for other agents if you ever get too fed up :)

Feb 02, 2013 03:08 AM