Qualifications of a Short Sale Realtor

Short Sale Realtor

If you are looking to work with a short sale realtor it is important to make sure that they are qualified.  You may be asking yourself, how you can qualify a short sale realtor when you know nothing about short sales.  So here are some helpful tips:

  • Please make sure that they have an abundance of knowledge when it comes to the guidelines for bank underwriting in association with distressed homes
  • Make sure they have successfully completed 10 or more short sales in the past year.
  • Make sure the realtor you are working with is seasoned and has been a working realtor for at least 3 years.
  • Your realtor should be able to advise you on certain tax implications you will receive from short selling your home

This is your home and your future they are dealing with, so do your job and make sure you are hiring someone who knows about short sales and negotiating them.  You generally would like to work with a large short sale company who has successfully completed hundreds of short sales and who will be able to walk you through each step of the way.

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Housing Assist Coldwellbanker