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Want to work short sales? You gotta be Charlie's Angels tough.

Reblogger Annette Thompson
Real Estate Agent with Texas Real Estate Services

Original content by Jasen Edwards TX #441051

Brandi & her angels

Or at least you need to know what you are doing.  Several times last week I had conversations with Realtors about short sales.  Most understood their value in certain situations and market conditions but almost everyone expressed a certain level of disdain for the whole process.  Thinking back on the few that I worked on when I was selling homes, I can understand why an agent would shy away. 

Yet, I do know of Realtors who are thriving working the short-sale market.  It's a niche that comes and goes with market cycles and whether you'd like to learn how to work the niche or would just like a trusted source to refer that business to and collect your referral fee, you should check out my friend/Floyd graduate Brandi Mahon's blog.  She is successfully completing short-sales every month and is teaching other Realtors how to do the same.

She works the Austin central Texas area.  Who do you know in your market that is a short-sale expert?  Leave a comment with a link to their site or blog and city so we can get everyone connected.

*Brandi is pictured in the middle with her team.  Charlies' Angels or Short Sale Angels?  You decide...if they help the seller in distress I'm sure they're thought of as simply "angels".

UPDATE:  After Brandi saw this post, she sent me some more details that should prove useful to lots of readers here.  "Just FYI, our team does the back end short sale transactions if you know of any agents in other parts of the country that wants to keep their short sale listings but doesn't want to deal with the bank.  They keep the listing and we negioate with the bank on their behalf.  We work off a referral
fee so we don't get paid unless the deal closes
."

Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Annette, I have completed two short sales both a number of years ago with previous clients that had fallen on hard times.  On was a widow and another through a divorce.  It was quite the learning process.  Personally I think they should be called long sales.  Its wonderful that she likes to do them.  I will do them (especially for previous clients) but I'm not going to pursue them. 

Aug 12, 2008 02:28 PM
Yvette Smith
LONG & FOSTER - Williamsburg, VA
Realtor In Williamsburg VA, Homes for Sale

HI ANNETTE!

THIS IS SO FLY (CUTE, HOT, VERY NICE)!!  I love the Charlie's Angel picture!

Have a great weekend!

YVETTE

Aug 15, 2008 10:45 AM