Advice From Short sale agents in Jacksonville FL

Real Estate Broker/Owner with Magnolia Properties-Northeast Florida

It pays to talk to several short sale negotiators before signing on the dotted line! Prices can vary by THOUSANDS of dollars in the Jacksonville short sale market. 

ronda densford

I recently had a client that asked "a friend" for the name of a the person that negotiated her short sale. The attorney they recommended "only charged $2200" to negotiate the short sale. Wow. Our corporate attorney charges $700 for a simple short sale like this one and maybe $1000+ for a "complicated" short sale. They offer a complimentary consultation to address the Sellers concerns and will give them a price to negotiate the short sale.  It was too late for me to help. She had already signed off on a contract to represent her. 

I listed the property and we had an offer in 3 days for full price. The lender approved the price within 4 weeks and we will be closing in 3 weeks. All of this for more than TWO THOUSAND DOLLARS out of pocket. I am so frustrated. The Seller really doesn't have the money. She qualified for a HAFA payment so the attorney "will just take that at closing". Oh my! This Seller could have really used the HARP funds to pay for her new apartment. Calculator

Remember!!! SHOP AROUND FOR A SHORT SALE REAL ESTATE AGENT AND LET THEM HELP YOU FIND THE BEST OPTION FOR A SHORT SALE NEGOTIATOR! My Broker doesn't allow our 125+ agents to do short sales on their own. We use a third party or attorney for ALL short sales. There are just too many liabilities and pitfalls that may make the process have a very "unhappy ending" for all involved. Take the liability off of the agent and Seller and let the attorney handle the nuts and bolts of the short sale process. 

Jacksonville continues to see a steady stream of short sales entering the market. Contact a Magnolia Properties agent  today to help take the stress out of the process for you. We will help walk you through the process and help you find the best short sale negotiator to fit your needs. 

Buying and selling real estate doesn't have to be stressful! Let us help with your Jacksonville FL real estate needs today.


Posted by

Magnolia Properties
Northeast Florida

Magnolia Properties Logo


...A true Southern Tradition. Serving you with honesty, integrity and kindness.

Comments (4)

Kate Elim
Dockside Realty - Spotsylvania, VA
Realtor 540-226-1964, Selling Homes & Land a

Hi Magnolia Properties of Jacksonville Inc...I'm wondering who the "I" is in the post. 

I agree with "I" that anyone interesting in purchasing or selling a short sale should work with someone that fully understands the complications involved.


Aug 11, 2013 03:41 AM
Magnolia Properties of Jacksonville Inc
Magnolia Properties-Northeast Florida - Jacksonville, FL

Hi Kate.  Thank you for stopping by our company blog. I am the designated poster, I guess. :-)  I think your point is well taken and will sign my name on future posts. My Broker will be a "guest blogger" from time to time so I'll make sure she signs off on the post. I hope your weather up in PA is as fabulous as it is in Northeast Florida today.

Ronda Densford, REALTOR

Aug 11, 2013 04:01 AM
Kate Elim
Dockside Realty - Spotsylvania, VA
Realtor 540-226-1964, Selling Homes & Land a

Hi Rhonda...We are having excellent weather today here in Virginia. It's a great day to be out boating so why am I in here blogging? I guess that's real estate.

I really do think it's a good idea to include your name. It makes it more personal and other members will relate to your posts more.

Your company is fortunate to have you as the designated poster. I'm sure your broker will also have some helpful information to share with the rest of us.


Aug 11, 2013 06:35 AM
Ronda Densford
Magnolia Properties - Jacksonville, FL
Realtor - Jacksonville and Northeast Florida

Thank you Kate. Sorry about the wrong state! If you ever need a good agent in Florida, please think of me. I will do the same for any help needed in VIRGINIA! 

Aug 11, 2013 06:43 AM