How To Find A Realtor In Florida That Specializes In Short Sales
Are you looking for a Florida Realtor Florida specializes short sales? It is important that you pick the right agent. Many agents turn down short sale listings because they are unfamiliar with the process. These transactions are much more difficult and complicated than your average real estate transaction.
Because of the foreclosure process, you usually only have one chance at a short sale. If your first agent isn’t competent, then you risk losing your house to foreclosure. Then you have to wait another 5-7 years to buy your next house.
First, ask the agent you are interviewing why they qualify to help you. Do they have any special short sale training or designations? Many agents have taken specialized training and education. They care about being up to date with the current trends in the market.
Next, ask them how much experience they have selling short sales. An agent who has closed a few short sales is a lot better prepared than an agent that has not. You want someone experienced working for you.
Who is your lender? Ask the agent if they have closed any short sales with your lender. Every lender handles short sales a little bit differently. If your lender is ABC Lender and the agent has experience with ABC Lender, then they already know the process. Your agent will be prepared because they are familiar with that lenders’ process.
After that, ask the agent how they negotiate their short sales? They may do the follow up themselves. Or, they may hire a competent title company or loss mitigation company to do it for them. Either way is fine. Just make sure the person handling your file is suited for the job.
Thinking about short sale your Florida home? We will explain how the process works in detail and answer any questions you may have.
Annett T. Block, Broker at Florida Connects specializes in loan modification assistance and short sales in Florida. Florida Loan Modification Help. Florida Short Sales. Florida Short Sale Realtor. FL Short Sales. Florida Realtor.
You must be logged in to post a comment.