Barry and I often ask each other what is up with so many agents and their continuing problems with short sales. It seems every day we hear from someone who has run into a wall with some inexperienced realtor posturing as a short sale expert instead of actually becoming a short sale expert. Then today we got sent this video that gave us a little insight into the problem.
You see, in the video below it seems that there are some real estate agent trainers out there giving some really crappy advice.
Man, that was some seriously bad advice.
Is that the kind of crap that agents are being told? If so is there any wonder that most don’t have a clue about executing shirt sales? It really makes you wonder how much better the real estate market would seem if agents really knew what the heck they were doing out in the field in regards to short sales.
I say seem, because we all know that this is the best real estate market ever! If you have any idea as to how to properly execute a short sale you have to be killing it right now. If you’re not making at least $25,000 – $30,000 per month in this market then you might as well go work at a car wash. You are most assuredly NOT a short sale expert and for that matter the designate as a “real estate professional” isn’t appropriate either.
But, hey, I’m a reasonable guy, I realize that it may not be all your fault. It’s obvious if you are listening to idiots like the guy in this video then maybe that’s why you are struggling to keep your lights on and gas in your tank.
I’d be looking to slit my wrists if I was following the advice from some out there in the real estate trainer world. Bottom line, if you are in it to win it. If you are in business to actually make some money and you are’nt afraid to admit it, forget the BS alphabet soup on your business card and realize the new role of a real estate agent. Take a great big old bite of the shiny red reality apple and realize that you are a liquidation specialist.
Once you realize that then maybe…just maybe you’ll understand just how lame the teachings are by these so-called trainers really is.
If you want to actually know how to do a short sale invest in yourself and learn from those who are actually successful in them and not posturing for a camera or showed up a little while ago and decided to get into the short sale arena.
Hey, yes it’s true, we offer the pre-eminent short sale course on the market. We feel that our Short Sales By The Numbers Online Video Course is the best on the market but seriously…there are some other good courses out there. Just do something, anything…but whatever you do NEVER listen to anyone who is going to LIMIT your ability to make money like the moron in the video above.
Did the bank already approve this short sale? He should just ask if the agent (or seller) called the lowest guy on the totem poll in the banks customer service dept. and did he say “sure, you can try a short sale!” There are no pre-approved short sales.
Brad,
I would not have believed it if I hadn’t seen this video myself. Yet so many buy into this bunk. Kinda scary.
I had occasion where I was told by the agent with a listing that the lender “would” sometime soon approve a short sale following negotiations. It turned out that the issue was so confusing to the owner that there was no traction and the so-called advance notice did not help. It is best for all the many parties to stick by the usual processes with the usual players.