A Short Sale Negotiator Is Critical To Your Success
In short, the short sale negotiator is the person or company who negotiates with the lender(s) to reach an agreement on terms for a short sale to take place. It is imperative that the short sale negotiator be highly experienced in this area as their responsibilities will include, refuting claims by the bank as to the current market value of the property. Often times the bank will attempt to claim the property market value to be more than what it will actually bring and this where an experienced negotiator/agent team prove their worth. Having an experienced negotiator may seriously improve the short sale negotiation process.
A real estate agent attempting to function as a short sale negotiator, is a poor substitute for the experience, contacts, organization, knowledge and assets that a full time professional can bring to bear on a negotiation. The company I work with never charges a fee unless there is a successful deal and their fee is paid by the buyer(s).
Additional information on short sale negotiators from Realty Times.
Don Mailey
RE/MAX Results
952-212-0968
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