Recently I have had to step into another transaction. Not an easy one..one going on for sometime. Short sales, why does it take so darn long? I'll tell you why, its just my opinion and pertains to many banks!
Banks need to take this situation a bit more serious from the Executives all the way down the chain! You see when you call a bank and the best advice to give you is call and check on it tomorrow, you have to wonder are they a bank trying to prevent foreclosure or are their methods similar to the stereotype of this famous old saying, I work banker's hours or you have banker's hours! Get it..rather than expand your operation and create temporary jobs..why don't you get a little more efficient. You have to know a few things about real estate professionals:
- We don't sell a house we don't eat!
- If you tell us to call back in a couple of hours or the next day, its a given we'll call back.
- Time lines are extremely important to sales contracts and all agreements, if you tell a specific time period in which to expect an answer and if you have procedures to follow we expect our answers as promised.. we expect to get the answers we deserve..we expect to get the answers within a reasonable period of time.
I know banks have a difficult job today and its very stressful..that's what happens when you get into the business..the business of holding real estate. Give our business back to us and maybe just maybe the housing market might improve. That means..tighten up your procedures..be more efficient..don't let just anyone or everyone become a short specialist and most of all just like contract guidelines...have some then try a little harder live up to them. Otherwise..you'll be nothing more than telemarketing!
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