3/3/09 Realtor Question:
Christian, a client made an offer on a house last year when the property was offered as a short sale. Nothing ever came of the offer. From what I heard the other agent had no idea how to do a shortsale. I guess from what I was told the listing agent asked the bank for permission before even sending in a package or anything. The bank responded back with "no." So the agent told my client sorry you can't do a shortsale. Now the family lost the house, has the burden of a foreclosure haunting them on their credit report and the home is now offered for sale as an REO.
My question: Does a Realtor need to ask the banks permission prior to submitting a short sale package ?
Christian's Response:
Take a look at the picture above ........ Let's all say it together ......... LOSER.
Shame, Shame, Shame on that Realtor. The Realtor needs to leave the business and check in at the nearest McDonalds. What a flat out stupid, low rate, degenerate. It's Realtors like that that gives everyone else in this business a bad name. It's lame ass licensees like this that make the lenders appear to be God's gift to our planet.
The Answer is NO, NEVER. You never ask a banks permission to lose money. Good Morning........
Hire a professional short sale Realtor and Loss Mitigator that has a record of successful short sale closings. A homeowners first question when interviewing a Realtor should be:
Provide me a list of how many short sale approvals you've had in the post 6 months? Most Realtors will piss in their pants as many are all talk and no action. They couldn't produce a short sale approval if their license depended on it.
The last time a homeowner asked my firm that question, we bundled together dozens of lender approvals from the top 10 lenders in the nation and emailed it to her in alphabetical order.
The homeowner signed the listing agreement with our firm that night without ever meeting with us in person or asking another question.
Christian, a client made an offer on a house last year when the property was offered as a short sale. Nothing ever came of the offer. From what I heard the other agent had no idea how to do a shortsale. I guess from what I was told the listing agent asked the bank for permission before even sending in a package or anything. The bank responded back with "no." So the agent told my client sorry you can't do a shortsale. Now the family lost the house, has the burden of a foreclosure haunting them on their credit report and the home is now offered for sale as an REO.
My question: Does a Realtor need to ask the banks permission prior to submitting a short sale package ?
Christian's Response:
Take a look at the picture above ........ Let's all say it together ......... LOSER.
Shame, Shame, Shame on that Realtor. The Realtor needs to leave the business and check in at the nearest McDonalds. What a flat out stupid, low rate, degenerate. It's Realtors like that that gives everyone else in this business a bad name. It's lame ass licensees like this that make the lenders appear to be God's gift to our planet.
The Answer is NO, NEVER. You never ask a banks permission to lose money. Good Morning........
Hire a professional short sale Realtor and Loss Mitigator that has a record of successful short sale closings. A homeowners first question when interviewing a Realtor should be:
Provide me a list of how many short sale approvals you've had in the post 6 months? Most Realtors will piss in their pants as many are all talk and no action. They couldn't produce a short sale approval if their license depended on it.
The last time a homeowner asked my firm that question, we bundled together dozens of lender approvals from the top 10 lenders in the nation and emailed it to her in alphabetical order.
The homeowner signed the listing agreement with our firm that night without ever meeting with us in person or asking another question.
