Home > Seminole Isle information > Seminole Isle | Seminole Isle Short Sales | Realtors who are doing Short Sales

Seminole Isle | Seminole Isle Short Sales | Realtors who are doing Short Sales

Seminole Isle | Seminole Isle Short Sales | Realtors who are doing Short Sales

Realtors who are going Short Sales, are becoming more and more available. However, when you are choosing a Short Sale specialist for your Short Sale in Seminole Isle, it is important, to ask them, if they are familiar with the complex!

Not every Short Sale agent will be able to catch up with a complex like Seminole Isle! You have to know the market and the complex in order to represent you properly.

Here is why we think this is so important. A town home in Seminole Isle got listed by an Agent, who might be a short sale specialist but seems to know nothing about Seminole Isle. We actually talked to that agent and he was super surprised, that within an hour after listing that particular townhome, the agent received an offer sight unseen! The Agent was all excited and couldn’t believe it.

Here is the question we posed: “wouldn’t  you buy something sight unseen $60,000 below today’s market value?”

The reason why this is upsetting is, because

a)      ALL lenders do a BPO (a brokers price opinion or appraisal) prior to issuing approval

b)      How will this sale be approved by ANY lender $60,000 below market value?

c)       If the buyer wasn’t educated by their Agent, can you imagine his or her reaction in getting a counter offer?

d)      It makes Seminole Isle look cheap and less what it’s worth

e)      It makes every buyers agent job that much harder to convince buyers to put in offers, that are based on market value

We could go on and on with the list of things what this doing to the market, the current sellers and the Realtors, who have been Seminole Isle condos and townhomes for years!

Seminole Isle | Seminole Isle Short Sales | Realtors who are doing Short Sales

 

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  1. February 20, 2012 at 16:51

    You are so right, not only knowledge and understanding of the short sales process is important, but the MARKET knowledge is so crucial as well!!

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