Thanks and good luck!
Century 21 Flag
Best of Luck to You,
Lisa Jones, GRI, SFR
ERA Tom Grizzard Realty
â‰ˆâ‰ˆâ‰ˆ Mott Marvin Kornicki, REALTORÂ® â‰ˆâ‰ˆâ‰ˆ
Aventura | Bal Harbour | Sunny Isles Beach
â‰ˆâ‰ˆâ‰ˆ "â˜…â€This is the House â€œâ˜…" â‰ˆâ‰ˆâ‰ˆ
Our next seminar will be held on our officce at 10645 Narcossee Rd, Orlando,Fl 32832 in March, 18, 2010 at 6:30 PM
We are going to cover the buying and the seller side of a Short Sale
Selling a short sale home can be an enormous hassle and sometimes producess an enourmos amount of stress. Just be sure to choose your realtor carefully, know what youâ€™re getting into, find an agent who is experienced in short sales.
Definetely experience makes the difference. I encourage you to check your realtor experience, ask them for copies of the approval letters, ask them what is their system, how are they going to keep you informed on how the process is going, etc.
Come to our seminar and get the answer to all of those questions, it is FREE and there is no obligation.
Visit us at http://www.LakeNonaShortSaleExperts.com
Licensed Real Estate Agent
Certified Short Sale Specialist
STEVE FUSILIER AND COMPANY INC
10645 Narcoossee Road
Orlando, Fl 32832
E-mail: Carolina@NonaShortSale.com or
To search the MLS Free visit my web page http://www.EastOrlandoHomeForSale.com
Also I would not go with a Realtor that suggests that you use a 3rd party negotiator. These "negotiators" will charge an outrageous fee ($2k to $5k) and will tell you that you will not have to pay it. They put that charge on the back of the buyer. FHA buyers are most common and they CANNOT pay a negotiator fee.
It is hard to find a Realtor these days who does not do short sales. Short sales are just a reality in our marketplace. Short Sales and Foreclosures make up a huge part of our market in St. Lucie County Florida and I am sure in most areas as well. I would say that we all have short sale experience. What you need most is a realtor who has worked in of your neighborhood so that they are familiar with all of the good points your area has, with an excellent marketing strategy, a strong company which adds to the agents efforts, and an agent knowledgable in working with short sales. With that in mind, interview a few and find someone who you are comfortable working with. There are sellers who hire a realtor and an atty. to do the negotiation. They work hand in hand to get the job done. If you go that route, make sure you know exactly what the atty. and their paralegals are responsible for. Sometimes the realtor handles it all with submitting offers to the lender and communicating with them. Your interviews will help you make a decision.
Hope this helps!
Coldwell Banker Residential
Bank of America is running a number of short sales through the new program that is slated to start April 5th now and I currently have 2 going through this program.
Although myself and other real estate firms in the beginning started negotiating with the banks directly most all have turned to using a professional service to help save time, but the new service B of A has starting using again requires us the agent to be involved directly cutting out the outside negotiating services.
I've heard the other banks when they start in April will be doing the same.
Interview a couple of agents to gain their knowledge on short sales and see how you interact with them, I research on a daily basis the real estate market, short sales and foreclosures to help sellers and buyers the best I can.
Hope this helps,
GRI, ePRO, Real Estate Broker & Realtor
Community and Family Values
10 short sales! that is pretty good experience. How did it go with your friend? Was he/she successful in getting these transactions closed. There are many so called Super Agents (now ) that have much experience and many many listings with Banks, REO's and Short Sales. While these Realtors have an abundance of expererience you should look at the whole picture before deciding who to list your home with.
I just want to give you a couple of things to think about when choosing a Realtor to list your home.
1. Your "friend" may not be your best choice. Do you want to keep your friend? What happens if your friend does not represent you very well.? Just think about firing your friend or having a falling out over service to you. Sometimes it is just too close of a relationship to make it a bit uncomfortable if things do not go well. I am just saying. You may feel comfortable with your friend and that is perfectly fine if you do. Many people I find do not think of the total transaction and the ups and downs that occur during this process. Family Realtor is another relationship in Real Estate that can be challenging as well. May want to just keep your friend as a friend or advisor.
2.. Going with a so called "Super Agent" against a very well prepared, experienced agent with less number of short sales. First I would like to suggest you always should look for some experience in the location of your home and with the short sale process. Many agents and agencies have put into place short sale transaction coordinators that assist in the process of closing the short sale from contract to close. This should never be an extra cost to you. In fact you do not have any costs in this process. You get no profit, you are not charged. Some agents now have title companies that they team with to expedite the process as well. I have used this method successfully myself. My company now has on staff an experienced short sale transaction coordinator as I mentioned above. From contract to close that is all she does full time everyday. That frees me up to list, market your home and work with finding Buyers.
Keep in mind that the busier the agent is you may feel more removed from the personal care that the "Super Agent" may give you. if you are one of 10 or one of 100, which situation would you expect to get more personal care? I will let you answer that one.
In conclusion, your agent choice certainly must have knowledge of your neighborhood and area or zip code. Some short sale experience is very helpful but not conclusive especially if the agents home company supports them with extended help AND I suggest you interview a few agents to Qualify them for all this, think carefully about hiring friends or relatives to help you but only if you are completely comfortable with sharing with them all of your personal business. Interview a super agent with hundreds of listings, your friend, and a mid range agent with some experience and not overloaded with listings. You will know with whom you are most comfortable to hire. Communication is very key. You should get rapid response from any of the above. Business 101, do not keep you customer waiting for you.
I hope this helps. I will leave my contact information here for your convenience should you wish to talk with me further about the areas I specialize in and if we would be a good fit. I would be delighted to be included in your interviews. There are many good many agents who will respond here ton Trulia that you should consider as well.
Best of luck to you and I am so sorry that you have found your self in this situation but the good news is that you have taken the first steps to resolving and moving on. Thank you for your time.
For more information about these services and a rtrack record contact me
But talk it over with your friend. Possibly suggest that he partner with another agent in his company with extensive short-sale experience. He and the other agent would share the commission, but that way you'd have someone with a lot of experience involved, and your friend would get some very valuable experience and a portion of the commission.
Hope that helps.