short sales: How to deal with short sale buyers as a Buyers Agent
- 02/08/11 03:45 AM
If you are a buyers agent and have a large short sale market as we do here in Melbourne Florida, you are waiting much to long when dealing with short sales. Yes, they are a major part of our market. However, if you can show your buyer the benefit of buying a resale or foreclosure over a short sale, you will enjoy commissions sooner than later. One of the main problems I see with short sales is that we may be giving the buyer false hope without realizing it. For instance, how many of you say, "It's going to take 4 … (5 comments)
short sales: Realtors and investors Short Selling their own homes and investments
- 02/03/11 03:55 PM
I've been pretty quiet on this subject the past couple of years. Maybe because up until a year or so ago we hadn't been doing listings. The past year we started taking listings and have done very well with them. As with all of us, we do a lot of short sales. I wanted to share a couple of conversations I have had lately with a few consumers, realtors and investors. Investor - I got a call yesterday from a guy I know from the golf course. He is a real estate investor and made a tremendous amount of money in … (5 comments)
short sales: Last chance to sign up for our free short sale webinar
- 05/13/09 07:30 AM
Hi Everyone! Just a quick reminder to sign up for our free short sale webinar from The eHomes Realty Network. This is a great informative webinar on how to do short sales. Chris Badger from Strategic Loss Mitigation is excellent! If you would like to register, go to: https://www2.gotomeeting.com/register/951130658 Hope to see you tomorrow! … (0 comments)
short sales: Short Sale Webinar Part II
- 05/11/09 03:12 AM
Last week The eHomes Realty Network held a free, open to the public webinar on Short Sales. Our guest speaker, Chris Badger, from Strategic Loss Mitigation did a great job presenting a basic outline on understanding short sales. One of the biggest things I learned about Short Sales last week was the fact that even if the bank only says it will pay a smaller percentage than advertised, they will settle on your original number. This alone will save me thousands of dollars in lost commissions. Who would have thought?! This week, on Thursday, May 14, at 1:30pm, Chris will be back with … (1 comments)
short sales: Do you know everything you need to know about short sales?
- 04/27/09 09:01 AM
How many short sales have you done in your career so far? Up until a couple of years ago, most Realtors, including myself, never really heard of a short sale. Now this is a daily part of our language yet many Realtors still don't understand these listings enough. On Thursday, April 30, at 2pm est, The eHomes Realty Network will be hosting a free webinar with special guest Chris Badger of Strategic Loss Mitigation will be helping my members along with any Active Rain members who would like to learn more about Short Sales. To register for this two part event, … (0 comments)
short sales: Two Part Short Sale Webinar
- 04/24/09 03:59 AM
Hi Everyone! Next Thursday, April 30th at 2pm The eHomes Realty Network will be holding a two part webinar series on Short Sales. In this market it's vital to understand the ins and outs of short sales. We have an expert on short sales, Chris Badger of Strategic Loss Mitigation, handling this webinar to help answer all your short sale questions. To attend this free webinar, go to: https://www2.gotomeeting.com/register/511191650 If you have any questions in the meantime, don't hesitate to ask! … (0 comments)
short sales: I changed the meaning of short sales and now I see the huge opportunity! You can too!
- 01/23/09 01:49 PM
I just posted this blog on my eHomes Realty Network and I thought I would post it here too since it was a good break through for me today for my yearly goal of 50+ listings closing this year. Read below: So here I was, at the beginning of this year, a few weeks ago, trying to figure out how to add at least 50 listing sales to my buyers agency. Since we have such a great buyers program, it just makes sense for us to bring on lisings this year. My dilema is, sellers are still not pricing their homes correctly. So … (9 comments)
short sales: More on Short Sales!
- 06/29/08 03:03 PM
Hi Everyone!Well the short sale market is in session and there are a lot of buyers getting very frustrated. It seems no matter what I say, people are still listening to the media telling them to buy foreclosures or shortsales.My goal is not to tell you to avoid shortsales like the plague, but to make sure you understand the negatives to the short sale.First, based on last month sales, short sales are only about 3%-5% lower than regular sales. They are not really much of a bargain. Basically they are selling at market rate. Based on the amount of time involved … (0 comments)
short sales: Are you sure you want to buy a short sale home?
- 06/18/08 02:45 PM
Are you sure you want to buy a short sale home? Well the short sale market is in session and there are a lot of buyers getting very frustrated. It seems no matter what I say; people are still listening to the media telling them to buy foreclosures or short sales. My goal is not to tell you to avoid short sales like the plague, but to make sure you understand the negatives to the short sale. First, based on last month sales, short sales are only about 3%-5% lower than regular sales. They are not really much of a bargain. … (0 comments)
short sales: Short Sale Advice to Share with your Customers
- 06/02/08 04:34 PM
This is a post I put on my blog for my customers. I received a ton of emails from our customers with many of them changing their minds on looking for shortsales. They appreciated that I saved them a ton of time and frustration. My guess is your customers may already have had the misfortune of not getting a short sale they waited months to hear about. Hopefully they learned and are now looking for homes that are not short sales! Short Sales - Are they worth the wait? It's Sunday night and I should be sleeping, but there is so … (1 comments)
short sales: Short Sale Paper to give your customers
- 06/02/08 04:22 PM
If you are like me, you are sick and tired of working your butt off to help your buyers who insist on buying a short sale. You and I both know that 65% of these offers never come through for our buyers yet when one falls apart, they are quite willing to try to get the next great deal! Below is something that my Agents give all our customers. It has helped us tremendously. I am also going to write another post in a minute that will also give you tools to help your customers understand that they are setting theselves up for … (3 comments)
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If you are a buyers agent and have a large short sale market as we do here in Melbourne Florida, you are waiting much to long when dealing with short sales. Yes, they are a major part of our market. However, if you can show your buyer the benefit of buying a resale or foreclosure over a short sale, you will enjoy commissions sooner than later. 
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