I had a great opportunity at my weekly staff meeting at Newberry Realty yesterday to gain another valuable Short Sale resource. Our guest speaker was Michael Hellickson Founder and Owner of www.theshortsalecompany.com Currently he has 88 active listings on the NWMLS and about 300 contracts pending bank approval or in escrow. About 85% of his transactions actually close which is amazing given the amount of business he does.
Although he is based in Washington State, his company also works with agents in all 50 states. He will give a 25% referral fee if you would like him to handle your Short Sale listing in it's entirety. Or for a % of the commission you can handle the listing and his company will do all the negotiating with the bank and lien holders. He has strong relationships with many of the banks and while you still have to wait for approval like everyone else it might help up your chances of finding a rainbow at the end of the wait instead of a dead end.
I personally have not used him yet but I have heard that he knows how to get the job done and if nothing else I intend to gain any knowledge I can from what he has already learned. He teaches classes to Realtors and lawyers all over the country and WWW.CKGTV.COM has been doing a 3 part Pod Cast on him that I would recommend watching.
Best of luck and hang in there!
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