Short Sales In Palm Beach County - Strategies For Communication- You Must Hold The Key. - Part 10


Short sales in Palm Beach County Florida take a winning and well thought out strategy in the lines of communication. I certainly recommend that if you are a seller that you find an agent who is very good with communication and knows how to work with others well. If you are an agent than please make sure you know what you are skillful in communication styles.


The other quality you definitely need to be successful in is great people skills. The reason your agent needs people skills is that he/she must be able to break through all the walls and obstacles that the lender has in his path to a successful closing of your short sale. Nestor is very good with people skills. He knows how to flatter the people on the other end of the phone. Nestor can dazzle them with his fun compliments and charm where many become putty in his hands. He is able to get through.


Do not treat the customer service people ( no matter how ignorant they may sound) with disrespect of with an attitude that you are better than they are. You also should never act like a weak beggar either. You must communicate from a position of knowledge and strength. In the business of short sales in Palm Beach county; the true power is in your knowledge of the market and your people skills. But coming from a position of strength does not mean being overbearing, rude or disrespectful. Keep a smile on your face as you are conversing.


In our series of posts on short sales in Palm Beach County Florida
I say over and over again that you must be patient. This is not the business for those with hot tempers. It will do you no good to yell and lose your temper while talking with the short sale lenders' negotiators on the phone. Your lines of communications must be kept open no matter how upset and frustrated you get. Your file will just get put to the bottom of a very deep pile and might just end up in a lender's deep black hole.


In order to be successful you must get to the chief, the negotiator, somehow. The most assured way to do this is by talking your way into that negotiator's line of communication. This is done through making great fun small talk with the receptionists and customer service representatives. The best way to do this is by understanding their perspective and where they come from. They are like worker bees. All they are there for is to collect their check at the end of the week, nothing more, nothing less. They are the lowest paid on the totem pole of the company and the lowest skilled. So think about where in life they are coming from and meet them where they are on their level.


There is no sweeter sound in any language than for a person to hear their own name. You can learn a lot more about this fascinating subject in the classic, How To Win Friends And Influence People, by Dale Carnegie. Learn the names of the people who are answering the phones, the assistants' names and the negotiators' names and then use them in your conversations with them often.


When you get through to the negotiator make sure you have your file in front of you. They will get impatient with your being unprepared so make sure you have all you notes ready and a list of questions to ask the negotiator and things you need to let them know about. Don't ask questions that would lead them to believe you have no experience in doing a short sale. Make sure you know how the process works before you talk to the negotiator. Always have your authorization letter from the seller with you, their loan number and their last 4 digits of their social security numbers. This information will be asked of you every time you call them and many times when they call you.


To follow along with our Short Sales in Palm Beach county series we have placed all the links in order of the series below for your convenience:



short sales: Short Sales In Palm Beach County Florida- What You Need To Know If You are Buying Or Selling. Part 1


short sales: Short Sales In Palm Beach County- Part 2- What You Need To Know


short sales: Short Sales In Palm Beach County- What You Need To Know Part 3 -


short sales: Short Sales In Palm Beach County Florida- Part 4 *The Process Begins*


short sales: Short Sales In Palm Beach County Part 5- Short Sale Myths and Truths About Offers


short sales: Short Sales In Palm Beach County Florida Part 6- After The Offer Comes In.


short sales: Short Sales In Palm Beach County Florida- Part 7 *Inside The Process* -


short sales: Short Sales- Everything You Ever Wanted To Know About Short Sales But Were Afraid To Ask Part 8


short sales: Successful Short Sale Closings And We Got Paid! Short Sale Series Part 9 -


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Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida. We are accepting referrals.

Copyright © 2008 By Katerina Gasset, All Rights Reserved. *Short Sales In Palm Beach County-Strategies For Communication-You Must Hold The Key* Contact Katerina Gasset for Customized Business and Personal Coaching.

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Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

P.S. If you are listing your home as a short sale in Palm Beach County Florida make sure you hire an agent who knows how to do short sales and has the experience to get the job done. We are doing successful short sale packages. Call us at 561-753-0135 to find out more about Palm Beach County Short Sales.



 

 


 

9 Comments on Short Sales In Palm Beach County Florida- Strategies For Communication- You Must Hold The Key- Part 10

MAR
19
2008
133,715 Points 1 Featured Post Outside Blog
Ktrina I believe that you have covered this aspect of real estate very well.  I still prefer not to venture in but I am sure that this has helped many.
1:36pm • #1
655,815 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router
Gayle- Thanks! It is a tough niche of the business and highly emotional. It is also good that you don't do what you do not want to do in the business. 
2:47pm • #2
Katerina- I am not sure that a short sale is different in FLA or CA!  Heaven knows there are enough of them out here, and my clients seem to want to see them.  For a first time home buyer, that has the luxury of being able to wait for the bank, they could get a good home at a good price.  I have a buyer in escrow on a short sale, and the listing agent conference called me in with the lender, Countrywide (imagine that!) who said it is taking at least thirty days JUST TO GET TO A NEGOTIATOR!!  So we are waiting, and hopefully, my buyers will get their home, and me my check some day in the not too distant future!!
4:33pm • #3
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Katerina-Thank you for some very valuable and wise advice.  Once again you covered a complicated subject very well. Thanks for all of your help!
7:07pm • #4
655,815 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router
Carol- Yes, we know all about Countrywide, you were fortunate to even be on the phone with them! They actually answered the phone? Yes, they take up to 30 days to assign a negotiator but we have 2 files with them right now and both had their BPO's ordered within 10 days of sending in the files and negotiators have already been assigned. Good luck! Make sure you get to see the HUD that the listing agent submitted with the offer to make sure your commission is covered. 
7:13pm • #5
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Denise- You are very welcome and hope it will help you in your business. 
7:17pm • #6
123,217 Points 17 Featured Posts Localism Sponsor Outside Blog

wow Katerina, YOU and NESTOR are the SHORT SALE Specialists!  I know who I am turning to for help when I come across this situation, you!   It takes expert knowledge to navigate these situations and it is far to much for the average Realtor much less homeowner to work through without the experience you bring! 

8:34pm • #7
655,815 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router
Janie- We just got another short sale listing right over the phone from a lady reading this short sale post on our AR blog today. She called a lot of agents down here before she searched on line, not one of them had the experience she needed to get the deal done. 
8:41pm • #8
KaterinaI aparently it took the listing agent half an hour or so to get to this supervisor, but yes, there was some one on the phone!!  Thanks for the tip about the HUD, I will ask the listing agent for it.
9:24pm • #9

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Nestor & Katerina Gasset Realtors® Wellington Florida Luxury Homes

Wellington, FL

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International Properties and Investments, Inc.

Address: 1021 Cherry Lane, Wellington, Fl, 33414

Office Phone: (561) 753-0135

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Wellington Florida Real Estate Blog By Katerina Gasset of International Properties & Investments, Inc. is a Great Place For Real Estate Agents and Potential Buyers and Sellers to get to know more about Wellington Florida as well as other parts of Palm Beach County.

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