A great short sale agent can make all the difference between success and failure in your short sale transaction.
A short sale refers to an agreement between you and your lender that the lender will accept less than the full payoff amount for your mortgage. Because of the complex nature of the transaction, it is strongly recommended that sellers work with short sale agents in Charlotte.
You’ll need the help of an agent with a successful track record in short sales. With their experience and connections, such an agent will be able to identify and help resolve possible problems and protect your interests.
However, homeowners should be aware that there are some real estate agents who claim to be short sale agents but do not possess the education or experience to provide the service you need.
Don’t fall for flashy websites or online courses taken on short sales. It takes more than just one class to make someone a true short sales specialist. Make sure your Charlotte short sales agent has actual experience closing short sale deals before you sign up.
Good short sale agents can be difficult to find if you don’t know the qualities to look for, so here are the top qualities that make a good and effective short sale agent:
Attention to details
Paying close attention to details is imperative in a short sale. If the process isn't handled correctly from the beginning, you will run out of time and your home will go into foreclosure.
This isn't a regular real estate transaction where if the home doesn't sell you can just re-list with another real estate agent. There are all kinds of information and steps in a short sale process and an attention to detail will prevent the process from being delayed.
Excellent organizational skills
You need a professional who has a good system for keeping everything organized. You want an agent that can keep track of multiple lenders, maintain mountains of paperwork, and understand the Charlotte NC short sale market. Needless to say, this takes some organization skills.
An organized agent will find the time every day to check on your short sale files and keep the process moving. On the contrary, a disorganized agent will cause delays and could even cause your lender to cancel the short sale process because its requests aren't being met.
Your short sale agent will need to respond quickly to requests from the lender or from a buyers’ agent about your property in order to move the process forward.
Great communication skills
As a homeowner doing a short sale, it can be stressful to deal with an agent who’s not a great communicator. A short sale transaction is time sensitive, so you need an agent who will let you know quickly where you stand with your current situation.
Your agent is an essential part of the outcome of your short sale, so choose someone whom you can communicate with easily and who gives you confidence that the transaction can be completed.
Looking for short sale agents? No need to look further!
Let our team at Showcase Realty be your trusted resource throughout the entire short sale process. Our agents have the expertise to guide you through this oftentimes complex transaction.
We can help you short sell your home so you can move on with your life. Call us now at 704-997-3794! We’re more than willing to explain how the process works in detail and answer any questions you may have.