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.
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:
- What is a short sale?
- What are the alternatives to a Lakeland FL Short Sale?
- What are the requirements to list my home as a Short Sale?
- Is a short sale guaranteed?
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.
Copyright © 2010 By Petra Norris *How to Hire the Right Lakeland FL Short Sale Agent?*