This blog is to discuss the new CSS status in MLX. There is a lot of confusion about what it is and when to use it. The CSS status should be used when a short sale goes under contract but the property owner wants to continue to market and accept further offers. This status indicates to all parties involved that there is definitely a contract in place. The new status is a better service to the Sellers we represent when we are listing agents for a short sale. This status allows the listing to continue to feed to websites through ListHub including Realtor.com. One of my biggest frustrations as a short sale listing agent was the inability to truly continue marketing and securing additional offers for my Seller clients when we were required to move an under contract short sale to the Pending status. The buyer agents do not search Pendings for new listings for their clients nor does the listing upload to Realtor.com and other websites once placed Pending therefore eliminating the bulk of the marketing needed to continue actively marketing and procuring additional offers.
Rainer
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The Maine Real Estate Network75 John Roberts Rd.South Portland,ME04106
local_phone207(883) 513-5412
smartphone(207) 318-3741
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Information on Short Sales in the State of Maine by an agent that is successfuly closing and specializes in short sales.

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