The Rise of the Short Sale Negotiator

By
Real Estate Agent with www.ExploreBeaufortRealEstate.com (Ballenger Realty) 27941

Sunset over Beaufort, SC"Short sales" used to be a real estate anomaly. But no more. Short sales, in which a seller owes more than a home is worth, are common- place these days. Buyers and sellers, and their Realtors, know that short sales can be frustrating, teeth-gnashing affairs, because every short sale is contingent on a lenders approval of the sale. Some short sales drag on for months. My partner, Kim, and I worked for eight months on a short sale before it closed.
Enter the short sale "negotiator", a new specialist who has emerged as a result of the proliferation of short sales. Short sale negotiators might be a former Relaltor, like the one we utilize out of Charleston, or it might be a real estate attorney.
If you are listing your home for sale, I would strongly encourage you to consider contacting a short sale negotiator. Talk to your Realtor about this option. The marketing and sale of your home will still be handled by your Realtor, but, once a contract is obtained, the negotiator will work with the bank, to try and secure their acceptance as quickly as possible.
My experience has been that a good short sale negotiator can expedite the closing of your home.

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South Carolina Beaufort County Beaufort
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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I won't do a short sale without a professional negotiator.  Just to many things that can and do go wrong.

Nov 08, 2012 11:00 AM #1
Rainmaker
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Cherimie Crane
Cherimie Crane & Associates - Beaufort, SC

Keith,

This is great advice and I think more and more Realtors are following suit!!

Nov 10, 2012 10:52 AM #2
Rainmaker
339,624
Kim Peasley-Parker
AgentOwned Realty, Heritage Group, Inc. - Sumter, SC

Good advice Keith. Our company brought in a professional negotiator a couple of years ago so agents can work short sales easier.  I haven't used them yet, but I have heard they are wonderful.

 

Nov 13, 2012 05:13 AM #3
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Rainmaker
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Keith Strawn

www.ExploreBeaufortRealEstate.com
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