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Short Sale Realtor Tip #17, If you've closed a short sale, let every know! Oakland County Michigan.

By
Real Estate Agent with Max Broock Realtors

One of the problems we have as short sale Realtors is with Nay-Sayers.   Often the press, other agents and co-worker at the coffee cooler constantly put-down short sales.  They tell people that the bank will never take a short sale, they take to long to close, or that they just don't work.  These Nay-Sayers create an atmosphere that causes people to walk away from their homes, hopeless and filled with fear.

Well they are wrong, short sales do work and sellers are able to take the high road if they choose.  Below is an article that was written by Greta Guest of the Detroit Free Press.  It is the story of young buyers who purchased a home that they never thought they could afford, a seller who had faith that if did the right thing all would work out and about an agent (me) who never gave up.

What is the SHORT SALE tip? If you have a positive story about a short sale, and you never tell anyone, it never happened.  So the next short sale you close let the world know and even the nay-sayer's might listen.

Please click the link below.

The high road: Determined seller exits an upside-down mortgage

 Mike Sher,

Office: (248) 644-4700x242   Fax :(248) 499-1020
Bloomfield Hills, MI 48302
E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

Comments (4)

Irene Kennedy Realtor® in Northwestern NJ
Weichert - Lopatcong, NJ

Mike,

I regularly close Short Sales both as lister and buyers agent - and I do tell the world. In fact, my office mates are probably of sick of it - but they all come pick my brain when they are facing a Short Sale.

Jun 09, 2009 12:48 PM
Barbara Whisenant
Windermere Real Estate SoCal - Carlsbad, CA
Home 4 Sale Carlsbad

I love short sales.  I've had a great business the last two year because of Short Sales.

 

If people don't want to do them, they can refer them to me..

Jun 10, 2009 03:56 PM
Patrick Schutte
Flex Realty - Prescott, AZ
REALTOR

I agree with you that the PR needs to change on short sales.  Now that more agents are getting edumucated about them, hopefully we'll see some momentum here.

I hope to be able to post a good success story soon!

:) PS

Jun 11, 2009 10:00 AM
Mike Sher
Max Broock Realtors - Bloomfield Hills, MI

I agree with all of you. We are in the business to sell homes and Shorts Sales are just other tools in our tool box just like staging a home, the 8K buyer credit and Virtual tours. I am sure an agent who has been out if the business for 10 years+ would look at our business now and be shocked at the many changes we have in our industry. Even the Amera-dream program (now gone) was a more recent part of our purchase culture. Now we have AR, Twitter, Face-book and so on. Our business is about change and if you are not willing to adjust, you will be like a rock in river. And like most boulders in a river, they always get in the way of those who are trying to ride the current. Mike

 

Jun 11, 2009 10:34 AM