Admin

Questions to ask your "short sale specialist"

By
Real Estate Agent with Keller Williams

There are many agents claiming to be "short sale specialists" right now.  Here's a list of questions to ask your agent to see if they have the necessary experience to get the job done.

 

There are no right or wrong answers here.  The questions are designed to give you a good idea of who you're talking to and what you can expect from them, given their past experience.

 

 

Give a brief description of your business and your team structure.

How long have you been in real estate?

How long have you been doing short sales?

How many short sale transactions have you closed in the past 12 months?

How many of those were short sales?

How did you get into the short sale side of the business?

What percentage of your business is listings and what percentage is buyers?

What do you like the most about working short sales?  The least?

What are your biggest daily challenges right now?

How would you rate your internet presence on a scale of 1-10?

 

 

Show All Comments Sort:
Paul Begemann
Attorney Paul H. Begemann - Hamden, CT

Good list, although I don't understand the final question in relation to short sales - is it to find out the broker's ability to find a buyer?   I think for a successful short sale you need a motivated seller, someone willing to stick with the process.  Also, I would add to your list or at least to your thinking, about  the proper time for the involvement of other professionals (attorney, possibly accountant for tax implications).

Feb 25, 2009 01:16 AM