Matt, not only do you need a good real estate agent, but you need a real estate agent that understands how a short sale works. More importantly, an agent that can not only find you the short sale, but close the deal. As a Realtor specializing in foreclosures and short sales I have found a major disconnect in the ability for a majority of agents to get a short sale closed. Many listing agents take listings that will never close because they don't understand the process. This can be avoided by teaming with a buyer's agent that will quickly identify problem transactions and keep you out of lengthy transactions that will not end up successful. Many of the comments in this post refer to the frustration level that often stems from doing a short sale. Again, that can be avoided by working with properly trained people. I would encourage you consider working with a Realtor that holds a CDPE Designation (Certified Distressed Property Expert). You can visit the website and search for top notch short sale agents that truly understand this unique aspect of real estate. I wish you the best in your venture. Feel free to contact me in the event you need further assistance. My team also services NJ.
National REO Broker Association (NRBA) Member
Certified Distressed Property Expert (CDPE)
Platinum Equator & RES.NET Certified
794 Penllyn Pike, Ste. 120
Blue Bell, Pa 19422