Minimum Characteristic Requirements of a Short Sale Agent – Experience
So much has taken place and so many changes experienced in the short sale real estate market in a very short period of time, that the need to work with an experienced short sale agent can never be overemphasized enough. This is not only unique to short sales, it is a well known fact that the more successful and the many no. Of transactions one has had, the more their experience is. A good short sale agent should possess enough experience to dissect through an offer to know the amount of financing required, the amount of down payment placed, and the contingency dates, all which play a significant role in the quality of a short sale offer. The short sale business is the riskiest of all businesses in the real estate market and an experienced agent would know what works and what does not based on different bank and seller situations that would need to be evaluated carefully before a decision is reached upon.