In the world of Short Sales not everything is as it seems.  You might have an agent that has no idea what they are doing or you might have a pro that is keeping things from you, you could have a bank change their policy, fire someone or completely do a 180 on you at any time, and you might even have prices that go up and down for no apparent reason.

On average, our short sale process in Georgia is taking 5 months.  The fastes we've seen one move from meet (sit down with the seller) to closing has been 90 days.  That one we had help from the seller who had an early start.

If it takes us just 5 months to negotiate for a potential successful closing then the days on market are going to be at least 150 days!  

So the next time you call me and say, "Gee, this short sale has been on the market for a while..."  you should change that to... "how many offers do you have by now?"

See, it's not the days on market that is important to a short sale.  It's the number of offers and the progress I make with the bank.  I usually need 5 offers to sell one short sale, since the process takes so long.

My homes may sit there for 6 months, but we always have mutliple offers!