However he also stated we as Realtor's should just ignore "Short-Sales" the let the lenders get them back, take their licking and then sell them back on the market as REO's. I DON'T like working with "Short-Sales" and we are strictly at the mercy of the lender when it comes to getting paid. You pays your money you takes your choice!!
As Realtors/Licensees I am constantly amazed at how we LET ourselves get roped into these transactions. "Just Say NO!!"
Fred if you wanted to work for peanuts, you can work for any discount soon to be out of business broker.