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English
September
28

September 28th, 2011 by

There are all kinds of stories out there regarding the "SHORT SALE" in fact some agents and brokers have even taken to calling them the "Loooong Sale"  However, I have found most of the time problems arise from poorly prepared Selling or Listing Agents who have not established communications with a loss mitigator.  There are a variety of reasons for delay and failure but MOST of this can be avoided by having knowledgable representation. 

Industry figures tell the story, nearly 18% of recent home sales accross the United States have been directly tied to the Short Sale Process.  This is to large a segment of the inventory to overlook and there are some real deals in this segment of the market.

How can you protect yourself and be confident exploring this category with minimal risk and maximum reward?  The answer is to seek out a Real Estate Professional the knows what to expect and is trained in the process of dealing with Short Sales and Loss Mitigation Departments.

There are several Designations Realtors can earn to indicate they have the Experience and Knowledge you need in an Agent.  To find the right agent for the job consider interviewing Agents that hold the CDPE Designation.  This stands for Certified Distress Propert Expert.

The key to success in our ever changing market place is working with Agents knowledgeable about the market place today!  With nearly 50% of all real estate transactions accross the country tied to some type of a Foreclosure, REO, Auction, or Short Sale... It is clearly important for the consumer to have an Agent who is currently trained and is a Certifed Distressed Property Expert.

Eric Recktenwald works with RE/MAX Capital City and holds the CDPE Designation.  For comments question or concerns about this post, please contact Eric Directly at
Eric@EasywithEric.com


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