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Update.....Due to the responce on this post, have contacted our local board and told them I will be forwarding these replys on for their consideration. Comments with solutions would be appreciated..Thanks
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What if we just quit....Yes, If we just QUIT..Just QUIT doing short sales...
For one thing, we would get rid of an entire category of People Complaining about how this bank or that lender is not responding, not meeting deadlines, won't call back, is wasting our collective time and our customers time..For what??
What would happen??? The banks would turn on the charm and set up programs to either move the houses in short sales or run them into full foreclosures and let them be actually sold REO
I am personally mad at the time I have wasted, and the unbelivable amount of time, money, and total effort that Realtors as a whole spend on marketing bank properties. For nothing. The statistics continue to get WORSE, not better. My point , again, with all due respect, is that we go into a short sale situation with a less than 20% chance of getting the job done. We work to hard, and the banks give us less than zero respect.
We as Realtors are doing the job of marketing for the banks, why should they change. They know how to market, look at all the ads on TV and Radio, non stop. They don't have to market the forclosure properties when we as Realtors are perfoming slave labor with a ever widening gap of actual short sale closings to non closings....What do you get for that time. Just Frustration over 80% of the time..What about your client...They get the same, and you stand the possibility of losing a valued buyer to another agent with a property ready to be sold now!
My premise, and it is only mine, is to tell the banks to handle their own mess, and when the properties 
are ready for sale, then get out of the way. I have dealt with REO sales, they are short and sweet, the banks want them closed in days, not weeks. Banks are as a whole treating our profession with absolute disrespect, and we are letting them get away with it by treating them like spoiled children that won't agree to follow any set of rules.
To the right is where the short sales should go...Lets just give the handle a good flush and wait for the banks to clean up thier mess. ...Go, ahead, hit the handle, you know you want to!!
Screw the banks. Let them foreclose, and clear the properties for actual sale. We owe it to ourselves and our customers to not be involved in chasing homes that are not yet actually for sale. I wish NAR would put out a directive instructing all agents to quit marketing short sales, and then I believe we would see a very different reaction from the banks. Presently they ae NOT treating us with respect, they are not dealing with us like we are equal Proffessionals that deserve such respect.
Again, I say tell them to go market thier own properties that are in foreclosure, and the over 6,000 new homes going into foreclosure EVERY DAY....Me, and many like me, will wait patiently for them to release the cleared properties on the other end...My time is too valuable to play these games, we as Realtors need to stand up and just say NO.
Posted by 
Mike: While I agree that dealing with short sales is an exercise in frustration, as a listing agent and as a buyer's agent, I don't agree that they should be "banned" by NAR. Homeowners who are upside down on their home mortgage should have the right to make a deal with the bank and avoid foreclosure if they can. If the bank can walk away with more money than they would by foreclosing and the homeowner can avoid foreclosure (minimizing the damage to their credit), then it can be a win - win.
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Frustrating working the short sales. I do agree that it would probably be easier to just get the short sales off the market.