Locating a Short Sale Agent
If you have decided to short sell your home, it is essential to take your time and locate the best real estate agent and an attorney who can come to your aid. Facing foreclosure and opting for this type of transaction can be quite stressful and time-consuming. If you have a proper professional by your side, he can navigate you through the process and make the entire sale much easier for you. Your MD short sales specialist must be well experienced in distressed property sales if you want to have your request approved in the first place. Apart from this, he will help you to successfully negotiate the best offer not only with the buyer but also with your bank. Learn more about top qualities every agent should have and make the right choice of choosing a realtor who will negotiate a short sale quickly and with ease.
Experience in Debt Settlement Negotiations
As always, experience is a top factor you should always consider when hiring someone to represent you or do something for you. You shouldn’t just hire any real estate agent to help you with short selling. You should hire someone who has proof of their knowledge in form of certifications and license. You also need a proof of his experience which can be shown in the success rate in closed distressed property sales.
After you have determined that your agent is qualified to do the job, you should make sure you are hiring someone who has actually handled plenty of short sales. This type of transaction is very delicate, and it is not for amateurs or recently graduated students. It is best if you find a realtor who has worked in your local area and is well familiarized with the local lenders and real estate market. Stick to working with experts who have closed at least five sales in the last six months.
Successful Sales Record
As we mentioned, you need to verify that your agent has been successful at short selling homes. It is not important just to know the number of sold houses, but also with how many clients they have worked, and how many actually sold their homes. Your safest bet is to get a referral from family members and friends. Also, make sure to check the website of your realtor and to read reviews and testimonials from past clients. Have in mind that the quality of the help you find will significantly affect your life after the sale. You need to be assured that your short sale is in professional hands.
Personal Interest in Seeing the Job Completed
Lastly, you will have a better outcome in your sale if you find an agent who truly cares helping people. A short sale is a time consuming and stressful process that requires a lot of work and dedication. Since the bank is involved in this transaction, it's critical that your agent isn't doing the work only for profit. Hire an expert who wants to explain the process to you, answer your questions, and is dedicated to getting you the best deal.