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Do Your Short Sale Listings Shine, Or Are They Relegated To the Scratch and Dent Section?

By
Real Estate Agent with Baird & Warner Real Estate

Distressed HomeI am a bargain shopper at heart, so I know where to find the discounted merchandise.  Floor models and slightly scratched inventory can offer huge savings.  I buy appliances for my rental properties at a local store that carries discontinued models and stuff that might be slightly dented.  If the fridge works fine, who cares if there is a ding in the side.

But as a real estate professional, I am noticing a disturbing trend among agents who are billing themselves as "short sale experts".  There are a few who are becoming very adept at listing short sale homes.  However, a quick perusal of their closed stats and bingo. . . there aren't many. Lots and lots of expired and canceled listings instead.

Inevitably there is a commonality about the way the homes are being presented in the MLS and online.  Usually, there is one crooked and slightly blurry exterior picture. . . or worse yet, one that must have been taken in the dead of night, from a moving vehicle!

The horrific photo is usually accompanied by verbiage in the comments that is something like this. . ."Short sale, third party approval required" and that's it.  These are the public comments, mind you, those that are fed via IDX from the MLS system.

I often wonder if the homeowners know how their home is being presented.  As a Joliet and Shorewood short sale listing agent, I approach the marketing of a short sale property the same way I would any other home I have been hired to represent.

I take the time to take multiple high quality photos, I write a detailed description of the home, I create a single property website, I syndicate the listing across the web, I use a text messaging mobile flier system. . . You get the idea.  My short sale listings get the same excellent marketing that any other home would get.

What about you, do your short sale listings shine. . . or do they scream distressed?  Why relegate them to the scratch and dent aisle, don't they deserve your best marketing efforts?

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If you are a Joliet, Shorewood, Plainfield or New Lenox IL homeowner who is struggling to make your mortgage payment, or facing foreclosure, a short sale may be right for you.  Don't wait, call 815-207-9703, I promise to create an excellent marketing plan for your home.  I don't just list short sales, I sell them.

 

Posted by

Lori Gilmore - Realtor

Lori Gilmore - Realty Executives Success

Realty Executives Success
700 W. Jefferson St.
Shorewood, IL 60404

As a Realtor with Realty Executives Success, I work with home buyers and sellers in Joliet, Plainfield, Shorewood, Crest Hill, Romeoville, Bolingbrook, Lockport, New Lenox, Channahon, Minooka and throughout Will and Grundy counties in Illinois.

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Comments(2)

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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Lori, i like your analogy and hope you get more reads here...you make excellent points & we have the same problem in RI...i can't believe how some short sale listings are handled...you're right it's just like scratch & dent!  thanks for stopping by...i believe the path one takes comes from the depth of one's being & i'm happy to say that helping people of all sorts in real estate is mine right now..

Aug 19, 2010 02:15 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

They may not know nor do they care!  I am a little "over" this one.  HOWEVER on BPOs I do point out if a short sale could use a little marketing "umph" and give suggestions on how it could be marketed better!  I never know if I am going to walk into a hidden gem or a scratch and dent sale (which I love that you call it that) when it is NOT portrayed in the proper manner!

Aug 20, 2010 05:15 AM