Today’s episode is on location in front of a active listing in Mesa. It seems like a fine time to talk about the meeting that we have with the property owner upfront. That is probably a 30 minute subject that we won’t be able to include entirely today. Nonetheless, you can get the whole talk information if you go to one of our impending Crush It classes.
One of the things that we hear from agents commonly is that the seller doesn’t want to sign the approval that says they may be pursued for the shortage. Or the seller was shocked when they found that the mortgage insurance group asked for a promissory note.
As an agent, you have to be able to talk with your house owner and let them know what to be expecting at the end of this transaction. The agent needs to clarify to the home owner that there is not a single bank in the nation that accept the short sale and not take other monetary aspects of the deal into consideration.
When a house owner sees that they will get a 1099, they become anxious. It is essential that you coach your clients so that they know what to expect. To steer clear of problems in the end, you must do the talk upfront. Spend more time upfront and you will make the ending much smoother.
Most of these particulars are available in our Financial package on our website. The packet contains all of the little facts that you need to keep in mind and some that you always forget. It is well worth the money for you to buy the package, as it will save you time and headaches in the future.
Get powered up by Kevin and Fred at Short Sale Power Hour by the Short Sale Specialists of Arizona
No related posts.
