Short Sale Success goes beyond the commission check. We as realtors, have the chance to help real people with real problems. Below is a letter that I just got from a client that I helped in a Short Sale. Until she met me she had never even heard of a Short Sale. Other Realtors were telling her that they could not help her and she should just walk away from the home. We were able to close before she was foreclosed on and the bank wrote off the deficiency. Feel free to pass this letter to clients who doubt our ability to help them
March 12, 2011
Earlier this year, I found myself in a dire financial situation from which it seemed there was no hope. I had missed a mortgage payment and other bills were piling up. I knew that if I were to catch up, within a few months, I would be facing a higher payment as my rate adjusted up. At that point, I realized that in order to make my mortgage payment, I would barely afford to pay for the gas and electricity, much less the gas to get to work!
I tried contacting my mortgage company multiple times to let them know that I was soon facing my second month without enough money to pay my mortgage, but after faxing over all my financial documents, communication came to a standstill.
I even contacted a lawyer to file bankruptcy. Thankfully, he recognized that the crux of my financial burden was my mortgage and he referred me to Mike Sher.
When I met with Mike for the first time, I was distraught and overwhelmed. He listened to me with compassion. What I appreciate from that first visit was the calm but thorough way he explained my options. He was very informative about the short sale process. I never felt pressured to make a decision on the spot or at any time throughout the selling process.
Although I agreed to sell my house, I admit, I was skeptical it would be sold. Mike answered all of my questions and allayed my fears with great patience.
He was very aggressive in marketing my house both in the traditional ways and on just about every internet site available. Each viewing and agents' comments were listed on a website where I could log in and get feedback.
Once we got an offer, Mike continued the hard work in communicating with the buyer's agent and my mortgage company. Many times, the process seemed confusing and long, but Mike explained everything in an understandable way. I never felt out of touch with what was happening. I felt secure that Mike was being my advocate.
Selling a house is no easy task in any economy. I truly appreciate Mik's knowledge and hard work in helping me get back on my feet financially and getting my house sold.
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