I have closed several deals for my buyers that were short sales and have sold a few homes that are short sales and I still don't consider myself the expert of that trade. I don't truly understand how anyone can call themselves a Short Sale Expert even though I know that it's almost purely for marketing. That I understand and I do it myself. No Realtor or Broker can be an expert negotiator with the banks unless they want to spend all day on the phone and usually the TC department handles that part for the Realtors and Brokers alike. Even if you have a direct contact with the right person at the bank, they must be backed up with short sales and unless that particular short sale agent knows that you close a majority of your short sales then usually it waits like everyone elses. Sometimes the short sale agent doesn't even know how long it'll take especially if there are two banks that you have to deal with instead of one.
*The opinions expressed here are solely the opinions of Mike Chou.
Comments (6)Subscribe to CommentsComment