Foreclosures

By
Real Estate Agent with Jersey-Atlantic Realty, LLC

Foreclosures are here everyone. Anyone who is working with buyers now, sooner or later you are going to have to make an offer on a property in distress. Why? You have an obligation to your buyer to get them the best deal out there. How many of you won't show a property because it is a short sale? Then you are not doing your job. If you are listing a home, it is your responsibility to know how to properly list a home  as a short sale and know how to handle it. I have made many offers on Short Sale properties and time after time have dealt with people who are not sure how to handle it. If anyone ever would like to get information on the procedures to list a short sale home as an agent or just someone who need help because you are personally in a bad position, feel free to give me a call at 609-338-9992.

 

                                Charlie

Comments (2)

Lorraine or Loretta Kratz
Crescent Moon Realty, Inc. & Land N Sea Auctions. - San Marcos, CA
Certified Negotiation Consultants

Charlie:

I agree there are way too many agents that take on short sale or homes that are in default, and they haven't got the education that is necessary. I recently submitted an offer on a short sale and the agent said that unless we offer over the listing price --- she would not submit the offer. So, we passed than she calls me back and said that the offer that they submitted to the lender flaked. Well, it was a day late and a dollar short.

Aug 08, 2008 02:28 AM
Billie Chubb
Chubb Realty Group - Wilmington, DE

It's all always about education. People are scared about things they are not educated on. Since they are scared they then talk negatively about it or in this case do not show their buyers the home. Rather then being lazy, those agents should pick up a book or a phone and call and educate themselves.

Aug 08, 2008 02:41 AM