Short Sale Myth #7…..
Not just any agent can do a short sale. Agents that do not understand how to complete a short sale may cause harm to the seller. The fact of the matter is that most agents do not have a system or plan in place to list a short sale. An agent should assist sellers with a specific listing system for short sales and a tailored marketing plan that assists in the short sale being accepted. Also, it may be good for your agent to have established partnerships with attorneys, loss mitigation and title companies to provide the service that is appropriate for you. This thorough system gives the banks what they want to see in a home sale. Not every short sale will be a success and do not let anyone try to tell you otherwise. Trust in a team that is experienced and has the ability to provide you with good counsel and reputable resources.