Short Sales, Story of an Agent Venting...

I am tired of Short Sales. Don't get me wrong, I will help anyone in the this situation, and I will gladly do it, if the client is also ready to get a short sale done. I will counsel the client, listen to the situation, if I see a person has an opportunity to modify I will recommend a modification if the homeowner want to keep the home. If there is no other option-- then of course a short sale is many times the best thing to do. I always recommend that home owners speak to a Real Estate Attorney so they can be counsel you on any tax or other implications.

What I am tired of are the homeowners who want to take advantage of the system. I am sick and tired of many home owners trying to keep security deposits, I am sick of home owners who want to blame the agent for the short sale deals that are falling out of negotiating status! I am sick and tired of home owners who are trying to make a short sale specialist feel inept. I am tired disclosing, disclosing and disclosing, but then the home owners does not remember. At this time I have to get my disclosures out and show them to them. Hello... I am here to help you the best way possible, why are you the home owner now trying to turn it against the Agent. Hello?!

I am sick of homeowners who state that the previous agent they spoke to offered them some kind of financial assistance if the deal went through. Okay then, Why didn't you list with that Agent? hmmmm??... Lies all Lies! Why in the world would and agent who works hard to get a decent paycheck even offer to do that?!--- but that is what they say. What about the home owner who knows we are forced into a commission reduction, and then they expect the agents to kick in some more money because we are still short. It usually happens with short sales, we can be anywhere between 50 dollars to a few thousand dollars. Are you out of your mind? Would you give up part of your paycheck to another co-worker if they needed money for their mortgage payment? No, definately NO!

I am sick to my stomach! I negotiate, I do impossible things, sometimes I surprise myself for what I can do with negotiating the deal. I have been known to rescind Trustee Sales for the client, I will jump over every problem that comes up, I've been working on Short Sales since 2006, and it seems like this is something that is happening more and more often!

Bottom line is this: I am in this business to help people, and if a short sale comes my way I will do it and negotiate on my clients behalf. But don't try blame me if the buyers walk,

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Comments

  • Yes Marcy I am with you. But like with all walks of life, you will always find the Unethical person who wants the business and will do "Whatever" necessary. I explain to my clients, this is my career, and I will not put my license at risk. I will not and can not do such a thing. Many homeowners will agree and list with me. (But I am tired of those agents that make our business so unethical in the eyes of the community).
  • It is not legal for the seller to get money back from a short sale period. If that does not end the conversation then I would walk.
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