Now is a great time to huddle up with your real estate professional.
"Hey my dear agent," you might ask, "could you do a little research for me? I would like to know what the average listed price of a short sale and what the average SOLD price turned out to be in Minneapolis for the past six months for home like the ones I like?"
"Hey, my dear agent," you might ask, "how much lower was the short sale sold prices than similar traditional sales?"
"Hey my dear agent,' you might ask, "and just how long was required to sell / close the short sale versus a traditional sale?"
"Hey dear agent, how many accepted offers on a short sale actually result in a sale?"
This is when you say, "I will save this little and endured all that abuse!"
Have your agent prepare the real numbers for you and you will be better able to answer your question, "Does may low ball stand a snowballs chance in Florida?"
The reality is, buyers need to lose a few before they realize their strategy is flawed. Meanwhile, the professionals whose guidance is being ignored are fully aware they will be blamed for this failure. You will likely find a new agent, but your hearing will be better this time around.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL