Getting an offer is only the start of the battle. You could reduce $300k to get an offer, but does it reflect market value. Once you get that offer and submit it to the lender, the lender will let you know if the net will be sufficient to the short sale approval. Reducing a price for a shortsale can be tricky. Price right. If you are just trying to get an offer to submit, you may be doing yourself more work that will be necessary. Market and advertise as any diligent agent does for their listings and get a fair offer. You are still trying to get your client the best offer possible and this will now relate to the lender as well. If you are still within market value and comparable to the competition, then, I would expect you would get an offer as would the rest of your neighborhood does... what is the average days on market? Good luck.
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills East
9388 Santa Monica Blvd, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0670 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com
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