How to Hire the Right Lakeland FL Short Sale Agent?

By
Managing Real Estate Broker with Lakeland Real Estate Group, Inc. BK646565

How to Hire the Right Lakeland FL Short Sale Agent?

 

You open up the newspaper ads or search online for a short sale agents in Lakeland, FL and plenty of Realtors claiming to be an Expert.  Lakeland FL Short Sale Agent

Before you pick up the phone and start with the one who claims to be an Expert, write an email to this agent and ask general questions.   For example:

I hope he or she will call you or email back within a day and answers your questions.

Working as a Lakeland Fl Short Sale Agent, I hear and see constant mistakes so called Experts make and the person who gets hurt the most is you, the seller. 

Let me explain!

Getting any offer signed - Granted the decision to accept the offer is yours, however your lender and/or mortgage servicer still has to approve the amount.  Listing and accepting an offer on your Lakeland FL Short Sale far below market value will not get approved by the bank. 

Why? - Glad you asked!

During the evaluation process of your short sale, there are steps lender take ascertaining fair market value of your home. Lenders hire appraisers and real estate agents verifying the value of your home, which needs to be within a certain range. So if your home is listed far below fair market value, your chances are highly unlikely to receive a short sale approval. Pricing a Lakeland FL short sale should be priced just like any other property.  

Agent is submitting multiple or even fake offers to the bank - There are many real estate agents who are doing this by saying to “just get the ball rolling” - start the short sale process.  First of all, offers are only offers and  when not signed by the seller, your Realtor® may be against the National Association of Realtors® Code of Ethics it may be against the law. Submitting a fake offer, in my opinion is Fraud and would for you as the seller waste your time. Not only is this the biggest complaints bank negotiators have, it adds to the backlog of your short sale approval.

Do your research when selecting a Lakeland FL short sale agent to work with. I’m no expert, however, I have experience closing Lakeland FL short sales on both sides of the transaction as a listing agent and buyer’s agent understanding the complete process

Do you need to sell your home as a short sale in Lakeland, Auburndale, Bartow, Winter Haven, Polk City, Highland City, Mulberry, Bartow, Kathleen, or Lake Alfred? Call or email me for a personal and confidential consultation.



I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact Petra Norris - REALTOR(R) at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland FL real estate landscape and all it has to offer.

 

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Copyright © 2010 By Petra Norris *How to Hire the Right Lakeland FL Short Sale Agent?*

 

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Rainmaker
346,318
Dawn Maloney
RE/MAX Trinity Northeast Ohio Real Estate Specialist - Hudson, OH
330-990-4236 Hudson & Northeastern Ohio

Good job answering questions, Petra! I hope sellers and buyers will call you!!

Dec 29, 2010 01:08 AM #2
Rainmaker
257,578
Joyce Godwin, Realtor, CRS
RE/MAX Elite Properties; Serving Cypress, Spring, Tomball, NW Houston - Houston, TX
RE/MAX Elite Properties

Petra, You are right - it is critical that sellers work with someone who is specialized and knowledgeable about short sales if their property will be a short sale.  It's obvious that you would be a very good choice and are knowledgeable on how to navigate the short sale process.

Dec 29, 2010 01:10 AM #3
Rainer
10,437
Rob Stewart
Frontier Title Group - Lake City, FL

I like your "Realistic" approach to selling short sales.  We've found that banks are starting to work with Realtors more to get short sales done, but it your're trying to push through a really lowball offer, or are playing any games, you are asking for trouble with the lenders.  Treat it like it is, and normal real estate transaction with a contingency for a third party approval.

 

Dec 29, 2010 02:24 AM #4
Rainmaker
207,638
Dee Nofziger
|Key Realty | Maumee Toledo Real Estate Blog - Toledo, OH
Maumee Real Estate, Toledo Homes, Key Realty

Terrific post! Very practical. I am going to implement something similar ASAP!

Dec 29, 2010 02:24 AM #5
Rainer
72,560
Steve Roake
Steve Roake Homes - Keller Williams Realty Infinity - Plainfield, IL
Get Moving With Steve

Looks like you've positioned yourself to get some more Lakeland FL short sales!  May Google be kind to you.

PS I'm stealing some of your ideas here for my own use after seeing you do have Google on your side!

Dec 29, 2010 02:41 AM #6
Rainmaker
1,142,050
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

I vote for Petra!! That's who I'd be calling if I needed a short sale agent in Lakelend.

Very informative post Petra. Sellers really need to do thier homework. Don't be fooled by designations and the such.

Dec 29, 2010 03:30 AM #7
Rainmaker
709,157
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Dawn - Appreciate you stopping by - Thanks

Joyce - The key is also to surround yourself with a team, such as attorneys, title agents and CPAs

Rob - Realistic is my 'middle' name - no false promises

Dee - I love being practical - good luck with your implementation

Steve - I love google when it comes to Lakeland FL Short Sale Agent :) - thanks

Bryant - Thanks for your vote :)  Designations or not, it is about experience, integrity and trust.

Dec 29, 2010 04:36 AM #8
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Rainmaker
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Petra Norris

Realtor, Lakeland FL Homes for Sale
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