Real Estate Agents and Short Sales

By
Services for Real Estate Pros

Why should real estate professionals work with short sales?     First and foremost, agents should put working with short sales in their repertoire because it allows them to really help people out of an emotionally stressed situation.  They are providing a much needed service, while at the same time, helping their own econmy and the economy at large.  The more properties sell, the more people work, it's that simple.  Revenue and business is generated.  The real estate agent works, the mortgage lender, the title rep, the processing agent, the administrators, home improvement and inspection professionals etc.  Second, it is a good way to pick up a few extra salable listings., build an investor pipeline maybe and avoid REO baby sitting hassles.  Truly, though, there is nothing quite like helping a client who feels overwhelmed and distraught find their way out of a bad position. After all - isn't helping people what we are all here to do?  Though short sales are tedious, time consuming and a sure pain in the ?BEEP? it is our duty as professionals of real estate to step up and help homeowners through this epidemic. 

Comments (4)

Marie Meyer
Keller Williams Realty - Central Valley, NY
Orange County New York Realtor

As long as there is a commission at the end of the altruistic rainbow. 

May 14, 2008 10:32 PM
Chip Jefferson
Advanced Building LLC - Lexington, SC

I dont agree about helping people out of a stressful situation if all it does is cause stress for YOU!

May 14, 2008 11:21 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

I hate short sales and all the extra work when many never come to fruitation and you can sometimes get better homes for less.

May 14, 2008 11:29 PM
Melissa Breeland
Residential Mortgage of SC - Charleston, SC

My Agent (Debbie Barnhardt in Alaska) has stood by me loyal to the end. I'm so grateful that she has hung in there during our short sale process. It's not over yet and has been very challenging. She has had the listing for 11 months now and has more than earned every penny of her commission. And you can bet that I will always always refer all of my Alaska business to her for life.

Thanks Debbie!!!  

Melissa "The Mortgage Maven" Breeland

Residential Mortgage South Carolina, LLC

902 Savannah Hwy

Charleston, SC 29407

Best: (843) 991-6532

Fax: (843) 725-2363

May 15, 2008 12:48 AM