"Its been a hard day's night"

Recently I have seen agents advertise to other agents to handle short sales for a fee. Obviously experience is not a prerequisite since I have seen that some of the people offering have never completed a short sale. There are many agents that would never have considered being involved in the process because it is so time intensive with no guarantee of commission. Now that it is evident that there are so many short sales on the market that it is unrealistic to exclude these properties and still serve their buyers, they are coming around to the facts of the market.

With a small company of 18 agents, we are now in negotiation of 12 short sale contracts. This requires a staff and commitment from the entire team to bring these offers to fruition. It seems rather corny but it does bring a bit of satisfaction to get people out of a tight spot and on the other hand get buyers with patience a very good deal in a down market. We have seen more satisfaction from sellers who got the 3000 lb gorilla off their back than we have seen in good times with sellers walking with a couple of 100 grand.

I was looking to show some of my favorite listings that are priced right but the numbers are staggering. If you are looking to live on the water or not on the water then there is a price for you.

If it is a short sale just remember to be patient and keep looking once you have put in an offer on a short sale. Remember if you don’t have approval from the lender you are not committed.