HOME OWNERS PLEASE DO NOT BE SILENT THERE IS HELP OUT THERE

Even though we do not near the problem as most markets, I am seeing more short sales in a few of the communities.  It is something that the newer agents may not have seen before or had any training in.

Short sales are picking up......... can be a pain to work but there is a market for them

As we all know,to stand out as a real estate professionals,we need to think outside of the box. Real estate professionals should do "short sale seminars". I know you will get a lot of people for that because a lot of peoples who are losing their homes now and this can help some people who seem that they don't have no hope. I would love to do short sale seminars but I have limited knowledge and experience in doing it. But once I do -WATCH OUT! Great post.

darlene the most important factor to convey is that with a short sale the hit to the sellers FICO is around 50-75 points and can be cleared up with a year to 18 months, but with a foreclosure the hit to the FICO is 150-175 points and will be on their credit report 7-10 years. You are literally granting people a second chance by creating a successful short sale rather than a foreclosure.

Thanks so much for the affirmation quotes....I am going to save them and record them next time I record mine...Chuck

Yeah, famring an area and leaving behind flyers that actually give homeowners the numbers that they need to call to get help is very important since our ELECTED government WILL NOT USE money to raise awareness of what can be done to PREVENT Foreclosure then the burden falls back on usafter all it is our livelihood and the politicans aren't loosing their homes.....er well Spitzer might when everything is said and done......shame on him!!!

It is really hard to get the client to make that first call and trying to figure out how to get in front of them when we are most needed As an agent that has been doing Short Sales for the last 2 1/2 years I find most of my clients my referral. I so want to be able to help as many people I can  i wish they would just pick up the phone and call

I am happy to announce West Metro Board of REALTORS in Carrollton GA has scheduled me for a full day of training April 23rd at their office on Bankhead Hwy. If you own a Smartphone or thinking about buying a Smartphone then you want to be there! We are having 6 hours of training with 3 hours of hands on training, so bring your chargers. If you have any questions on what will be covered I have a link below on the class schedule. Smartphone users, feel like your Smartphone is smarter then you? Do you want to work Smarter not Harder? If you don't currently own a Smartphone but know you need one, then ATTEND! Normally 25% of my classes are agents thinking about buying a phone and I am there to help you decide what is best for you and where the best deals are. Here's a link for more info; http://www.dickbetts.com/carrolton.html

Short sale is better for FICO score but tough to pull off these days.

Hi, what is REO? What does it do? thanks.

Hi Darlene

Have you ever considered becoming invovled with Loss Mitigation? As a consultant you can work directly with banks or for a larger company that the banks send assignments to. When a borrower is behind on payment you are notified and you can offer several startegies to help the borrower- The bank gives you the workout plans that will work in each case. As a third party- you are there to listen to the borrower and try to help- If a short sale is inevitable chances are pretty good the borrower will want to list with the kind Realtor who was there to try to help.