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How many Realtors LOVE Short Sales?

By
Real Estate Agent with Keller Williams Realty

Short Sales are a way of the future now.  How many of you find short sales to be very time consuming, frustrating and too much paperwork.  Would you like to be out there looking for deals or at your desk negotiating with banks?  Just would like your thoughts on this. 

Anonymous
Loida Claudio

I will comment more at a later date. Tomorrow I will be writting up my first short sale contract. I hear it takes a lond time for the banks to reply back.  Crossing my fingers.

Oct 07, 2008 11:03 AM
#1
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

We do short sales and I have my share of experience, honestly I could do without all the frustration that goes with it, but it is the name of the game right now.

short sales in pinellas county

Oct 07, 2008 11:05 AM
Amy Salisbury
Leading Edge Properties - Charles Town, WV
West Virginia Realtor/Jefferson/Berkeley

Aileen,

I am intrigued with the possibility of perfecting the art of short sales, but dumbfounded as to how to accomplish the art.

In my experience, they are extremely time consuming and frustrating.  The paperwork alone breaks my heart in the sheer number of trees that are sacrificed.  Ideally, streamlining the process must be the answer.

Am I naive enough to believe that now with government intervention (bailout, rescue plan???) that might happen?  Maybe...but its probably just this girl's pipe dream. 

I will be interested to read what other comments are.  Thanks for starting the conversation!

Oct 07, 2008 11:12 AM
Acai Berry Select
Acai Berry Select - Downers Grove, IL

I think short sales take forever onky 1 out of 5 go through because the investors don't want to sell them at at a loss. Maybe they are waiting for a bailout?

Oct 07, 2008 11:25 AM
Ilyce Glink
Think Glink Media - Chicago, IL
Best-selling author, award-winning TV/radio host.

Hi Aileen--

I have a video on my YouTube channel called "Short Sale or Foreclosure: Will You Make Money?" I think it could be helpful to people interested in learning more about short sales. I have more videos on this topic on my YouTube channel, ExpertRealEstateTips. Enjoy!

Oct 07, 2008 12:45 PM
Ilyce Glink
Think Glink Media - Chicago, IL
Best-selling author, award-winning TV/radio host.

Hi Aileen--

I have a video on my YouTube channel called "Short Sale or Foreclosure: Will You Make Money?" I think it could be helpful to people interested in learning more about short sales. I have more videos on this topic on my YouTube channel, ExpertRealEstateTips. Enjoy!

Oct 07, 2008 12:45 PM