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Short Sales. It's all worth it! Or Is It?

By
Real Estate Agent with Century 21 Choice Realtors & Auctioneers

There is a lot of conversation going around about foreclosures that will soon hit the market.  When you ask other realtors, brokers, bank administraters no one really has an answer.  I have studied and been very attentive to the real estate market and what is and is not working.  When I noticed that short sales just made sense I began to really concentrate my efforts on learning all that I could about short sales.  

In talking to homeowners who were going to lose their homes they really wanted some options.  Many have been to the banks and negotiated refinancing but the bank has come up with terms that they could not meet so these homeowners really wanted help.  Short sales is the way to assist homeowners when they really feel that they have no option and no where to go.  I became short sales certified and WOW now I can make my desire to help people and my passion for real estate a total package.  Homeowners don't have to feel helpless an option to foreclosure is to do a short sale.

Does anyone have short sales stories to share?

Comments(7)

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Jeffrey Smith
Author of 'Realtors Guide To Short Sale Success - Eustis, FL
Short Sale Education

Same feeling here. I got so tired of owners thinking there dump was a castle and not being realistic about their price that when I was told that I set the price for shortsales, I started doing them exclusively almost 3 years ago and haven't looked back - even though a "regular" sale is 10 times easier IF the owner is realistic.

May 04, 2010 10:10 PM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Sounds like you have found your niche Del.  Good luck.

May 05, 2010 08:11 AM
"Del"Mesha Swain
Century 21 Choice Realtors & Auctioneers - Elizabethtown, KY
SFR

Thank you so much Jeff.  I have gotten so many mixed responses on short sales but I am determined to keep plugging at it and everyone that I talk to that does them say they are glad that they started.  I am just getting started but notice that those that have not done them don't want to start and those that are doing them don't want to stop :-) 

I know that short sales will be satisfying to me with my years in family construction and my family services background.  I am ready for the hard work.

Anything you share would be greatly appreciated!!!

Short Sale Away!!

May 05, 2010 08:14 AM
"Del"Mesha Swain
Century 21 Choice Realtors & Auctioneers - Elizabethtown, KY
SFR

Niche.....yea, I have been looking for it.  THANKS

May 05, 2010 08:15 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I want to hear you say you like these after having your first Bank of America or CitiMortgage short salel...do I hear moaning and groaning?  YES you will! And Ranting and Raving...

May 06, 2010 04:14 PM
"Del"Mesha Swain
Century 21 Choice Realtors & Auctioneers - Elizabethtown, KY
SFR

Hmmm... Moaning, groaning, ranting and raving.  You mean that is not an everyday occurrence?  LOL

May 07, 2010 01:23 AM
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

Well sometimes i dont know what to think we short sales. They are getting better and then they are not

Aug 04, 2011 07:09 PM