Short Sales...............

By
Real Estate Broker/Owner with Homes for Sale St. Louis

I am just trying to get an idea of what you guys are doing with your short sales.  How are you handling them?  What are you doing when you receive multiple contracts?  I just had one where I had two competing contracts and a couple of ticked off agents.  Both contracts were close so we picked one and the other agent was mad and decided to resubmit a new contract at a higher price and told me I had to submit it to the bank.  This agent was hoping the bank would overlook the first contract and pick theirs.  My broker advised me to submit them both with the second contract as a back-up and let the bank decide.  I know some agents who only take one contract and others who take as many as they can get with no signatures and just keep submitting them to the bank.  What do you do?  What have you heard is the proper way to this?  I think this will be very helpul to all agents out there with all the short sales taking place right now!  Thanks in advance for all your input.  Pete

Buying ~or~ Selling?
Call or Email
Pete Elsner
Co-Owner/Agent  314-852-3862

Keller Williams Realty St. Louis
Search all Homes at:
http://www.PeteElsner.com


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