Wednesday, March 25, 2009

Do Not Be Afriad!

Some agents fear the short sale transaction. "This is going to take too long!", "I don't even know where to begin with the paperwork," and "I don't even know where to get started!" Short Sales, when completed correctly can be a pleasant experience.

Three Steps to Conquering Short Sale Fears
1.) Talk to other agents that have successfully completed short sales: (Not the whiny ones by the water cooler who also are doom and gloom about the market) Visit or call competent agents who are making short sales happen in your local market.
2.) Educate yourself: Take classes, read blogs, research tips, and invest in helpful tools like our Short Sale Packet to help organizing your transactions easier.
3.) Practice Patience: Short Sales do require time and energy that normal transactions do not. So be sure to block off time each day to work on your Short Sales, or seek out a referral company that assists with the transaction.
Every adventure has to start somewhere. Remember when trying all new techniques in your real estate career make time to review everything with your Broker before embarking on your own. Good Luck!!!

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