If you need a good buyer's agent in your area, call me or email me. I have agents all over the country that I refer business to. I would be happy to refer you to a great agent in your area. If you need an agent that is familiar with short sales, I can get one for you. Just let me know.
Len McGuirk, Realtor
Short Sale Specialist
Prudential Americana Group
Direct: (702) 203-6688
At this point its a tougher situation.The lender will go to the highest bidder , the highest down payment ( or cash!) or the one with the best credit if its financed. The seller still has to approve (accept) any offers even though the Lender has the last word and is realy the one that counts. If you are not satisfied with your listing Agent then choose a Buyers Agent to represent you and only you.
I can refer you to a Buyer's Agent in your area who knows Short Sales and would only have Fiduciary duties to you..
As I told you just get another Agent if you are not satisfied with his/her services.A Buyer's Agent.You may still be able to make an offer or a back up offer as was told to you by Jessica but if this property has already a few offers I would give it my best shot. I have been involved in Short sales where the quality of the property was such and the asking price so interesting, that my client became the winner of this bidding war but had to offer $15,000 over the asking price. Make sure that you are provided with a detailed CMA.
Right Choice Realty LLC
Fort Myers FL
Active Rain Blog: http://activerain.com/lloydn
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Web Reference: http://activerain.com/lloydn
If you are being represented by a Buyer's Agent, you should have the agent put together an offer and send it to the listing agent. The listing agent has a fiduciary responsibility to submit all offers according to the ethics code. At the least, your offer would be considered as a back up. Getting homes closed is hard work these days, especially with financing. I had submitted offers for my clients recently on a short sell that had been under contract 3 different times and could not get closed due to financing and hurricane issues we had during IKE. The listing agent told me that the seller felt he wanted to keep trying with his current contract because he felt he owed it to the buyers.. In the end they still could not get it closed due to financing and they had to start all over. By then my clients had moved on and purchased something else. Keep in mind that short sales can take a while to close and remember the squeaky wheels get the grease. Anything can happen, make sure you have a sharp agent representing you if you need some help locating a good agent feel free to contact me and I will recommend someone that has a lot of experience in your area with short sales.
Feel free to contact me: email@example.com
I hope this helps!
Keller Williams Realty- Conroe, TX