Short Sale Listing
Last week I listed my first short sale. Although, I have represented a number of Buyers in the short sale process, I have never listed a property. A short sale is when the Seller is unable to pay their mortgage and is trying to find a Buyer, to avoid a Foreclosure. The Agent and the Seller decide on a listing price, based on the fair market value in their area at the present time. This usually is substantially lower than what they owe on the property. I hooked up with a top negotiater who has colisted this property with me. Her success ratio in closing short sales is 98%. Wow! That is amazing. So, now I have decided to go for the short sale listings. This is a way to help people out of a difficult situation as well as expand my real estate business.
If we can help you, or someone you know, give me a call.
