Well, when you are talking about a Short Sale transaction, this means that the Buyer cannot be related to the Seller and neither can be related to the Real Estate Agents. So what does this mean for you? Let's say that your aunt is one of the best Agents in town. Of course you'd want her to sell your home, (or be your Buyer Representative), right? Too bad. More & more I am seeing the banks kill deals because it's not an arms-length transaction. It might have just happened to me today! (Of … (6 comments)
ATTENTION AGENTS: What is an "Arms-Length Transaction"?
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