Hi, My Name is Brenda and I'm a short-sale-aholic.....

By
Real Estate Sales Representative with Realty world Alliance

HI, MY NAME IS BRENDA AND I'M A SHORT-SALE-AHOLIC

There, I said it.  It's out there.  The first step is admitting that you have a problem. 

short-sale-aholic

I have a problem.  I LOVE SHORT SALES!  That's ok; roll your eyes, shake your head, make that "tisk, tisk" sound you make when you just don't know what to say.  I've heard it all.  My family has tried to send me for help, but I keep going back. 

It sucks you in, man!  It only takes one to get hooked.  My addiction started 12 years ago before it was the cool thing to do.  Since then, I can't get enough.  Now everyones doing it and its easier to find than it used to be.  But chasing the high is still the same....

Ok, before you call for the straight jacket; let me explain. 

There is something absolutely addicting about the appreciation from the seller of a sucessful short sale.  I have had big, strong men hug me and cry telling me that I "saved" them.  I have had children send me thank you cards because their Mommy doesn't cry anymore.  My efforts have created people who are such raving fans that they go out of their way to stop by and just say "hi". 

A regular seller might remember you, might use you again.  If you stay in touch and play your cards right, they might refer you to someone who says they are thinking about selling their home.  But a successful short sale seller will write songs about you!  They will chant your name in public!  They will tell everyone how awesome you are, whether the people around them want to listen or not!  They will invite you to Christmas dinner! and they will fill your pipeline in gratitude for years to come.

thumbs up

That is my addiction!  I don't mind the work of a short sale, I get a little rush putting together the perfect package and getting the investor to do what I want them to do.  I have fun checking up on things and educating other agents about how to make it work.

But I am addicted to the response I get from a grateful seller.  It is what keeps me going back.  Its better than the paycheck!  Ok, its as good as the paycheck.  There is no sense lying during a confession, right?

 

 

 

 

 

 

Comments (29)

Beth Larsen
RE/MAX Sedona - Sedona, AZ
Sedona Arizona

Brenda, I agree with you (though 'love' may be too strong a word;^)...I may not love the weirdness of the way banks work, but completing one and helping your seller achieve their goal of avoiding foreclosure - there's nothing like it, for satisfaction of a job well done. Your Wichita, KS sellers are indeed lucky to have your expertise in their arsenal.

Mar 14, 2011 10:50 AM
Rosalie Evans
Meritus Group Real Estate - Sioux Falls, SD
The Evans Group, Sioux Falls, SD Homes For Sale

I have never done a short sale and I just want to say thank you for putting a positive spin on them. I have heard other agents talk about doing them but always with dread.

Mar 14, 2011 11:00 AM
Dr. Stacey-Ann Baugh
Century 21 New Millennium - Upper Marlboro, MD
A doctor who makes house calls.
I wish I shared your joy. Maybe after doing a few I'll feel the same way. I lode your enthusiasm though.
Mar 14, 2011 12:02 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Congratulations on conquering the short sale.  I did many of them over the years, but lenders have really stymied me in the past two years.  I've decided to find someone like you the next time one of my sellers has to do a short sale.  :)

Mar 14, 2011 12:12 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Brenda, nothing like the HIGH you are performing in the short sale world acting as the MIRACLE WORKER. I am very happy you found your niche.

Mar 14, 2011 12:29 PM
Sherry Chastain
Hendersonville, Nashville, Old Hickory, Lebanon Tennessee - Hendersonville, TN
Realtor, Selling Homes, Lake Properties,Luxury Homes,Short Sales

I once was heard to say "I could never negotiate a short sale" I laugh at myself often. Having just closed 3 short sales with (BofA) unnamed bank, leaving the closing table with agents, buyers and sellers happy with my services. I now enjoy them too! Never say never.

Mar 14, 2011 12:53 PM
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Brenda. I'm with you 100%. Working short sales is awesome!!! Sellers listen to us and love us. How can you beat that?

Mar 14, 2011 01:29 PM
Nance Burdette
Keller Williams Realty Partners - Spartanburg, SC

Brenda,

Wow, guess I've been hiding under a rock. Your the first perosn I have ever heard of that "loved" Short Sales. But I deeply agree with you the bottom line and finished result is so rewarding.
Good luck to your future Short Sales.

Mar 14, 2011 02:29 PM
Tricia DeSouza
HomeSmart - Scottsdale, AZ
Selling Scottsdale Luxury

Interesting point of view on short sales. I have never done one on the selling end... only have dealt with them on the buyers end and that I know can be completely frustrating. Which is why I have never, ever had the desire to have to be the agent on the selling side, who gets let down over and over again when an offer is rejected. I guess I have never thought about the one offer that gets accepted and what a great feeling that is for all parties involved.

Mar 14, 2011 02:52 PM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

WOW - I had thought I had heard it all!  I can't imagine being adicted to short sales - if I had one I needed to sell, i would defnitely call you! 

Mar 14, 2011 02:54 PM
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Heart Realty Group, Inc.. - Oswego, IL
Passionate About Real Estate & Our Clients!

Brenda,

Thank you, Thank you!  I too love short sales because I know I am helping people through a tough time and they appreciate it.  You have gotten them out of a tough situation that they might have thought was impossible and most of the time you did it for free!  You fought for them against the banking system and won!

So kudo's to you and the rest of us that don't mind getting our hands dirty, our ears bruised and learn to play nice when we truly want to throttle the person ont he other side of the phone line!

Thanks for posting a positive blog about short sales!

Mar 14, 2011 03:22 PM
Brenda Noffert
Realty world Alliance - Wichita, KS

Thank you for the comments...if you haven't tried a short sale; find a mentor and do it!  It is the most rewarding experience of my real estate career.

The key to a successful short sale is a great system (took me 12 years to put it together and it is ever evolving), a fair listing price, a reasonable offer and the tenacity of a pit-bull. 

Happy Real -estating

Mar 14, 2011 03:26 PM
Dawn Maloney
RE/MAX Trinity Northeast Ohio Real Estate Specialist - Hudson, OH
330-990-4236 Hudson & Northeastern Ohio

Brenda, I am with you - this has been the turning point of my career - one grateful client after another is VERY addictive. Yes, I am a short-sale-aholic, too.

Mar 14, 2011 03:40 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Brenda, how fortunate that your sellers have someone who can not only help them, but enjoys it. Keep up the good work.

Mar 14, 2011 04:50 PM
Street Russell
Short Sale Asylum - Louisville, KY
I've got the right place for you. What you're experiencing is a manic episode triggered by short sale expansiveness and lender grandiosity. Trust me, I know what I'm doing; I'm an Activerain blogger.
Mar 14, 2011 06:00 PM
Adam Kutchuk Murrieta
Realty Works - Murrieta, CA
Short Sale Specialist Rated 5 Stars

Loved your post.  It's great when you can get a "high" from your work.  From one addict to another, keep on with the short sale..ism

Mar 14, 2011 07:35 PM
Robert Schmalz
West Los Angeles Real Estate Group - Santa Monica, CA
Cal. Lic Broker

I can see your point it does feel good to get people out from under but the price we pay is unusually high. I just hate the way banks handle this process and the cavalier way they treat people. They are playing book keeping roulette keeping a house from going to a short sale and realizing a loss. It is obvious they are not motivated to move the short sales or they would not jerk you around for 3 months and more. No to me short sales are something that I must be involved in but I do not seek them out. On the buy side we face the anger of the buyer not knowing and calling everyday and on the sell side we face these poor people with terrible hardships getting tossed around and to the side as if there life was meaningless

Mar 14, 2011 08:12 PM
Trent Chapman
Keller Williams -New Future Team - San Marcos, CA

Amen.  In what other market can you find seller who actually love you.  I never deal with a homeowner worried about my commission cutting into their equity with short sale ; )   But really, they do appreciate you if you are truly able to understand how to leverage your knowledge of what the banks can and can't do and how you can limit their liability.  They will refer cliients to you at a higher rate than any other group of clients.

Trent

TheShortSaleGenius.com

Mar 14, 2011 09:10 PM
Irene Kennedy Realtor® in Northwestern NJ
Weichert - Lopatcong, NJ

Brenda,

I have a new Short Sale going "live" by the end of the week.  The sellers are already so grateful that I can't help but love Short Sales too!

Mar 15, 2011 12:43 AM
CHARLENE PERRY, CLTP
Key Title Corporation - Perry Hall, MD
Insuring the Past to Protect Your Future

Brenda

I applaud you!! Many agents who take on a short sale listing aren't prepared for the hard work and dedication it takes to see it through. I wish that more of the listing agents I have worked with over the years in short sale transactions had an ounce of your ambition and enthusiasm. 

 

Mar 16, 2011 04:00 PM

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