Many buyers call on our short sale listings and have no idea how to buy a short sale listing. I even got a call from someone the other day asking me some questions about a property who was working with an agent. When I asked why, they were calling me and not their agent, they explained that their agent was checking on the 22 other offers they already had out on short sale listings. Another person called me the other asking if it was normal to have written 40 offers, and had none of them accepted, I said ehhh, no its not normal.
The reason buyers don’t know how to buy a short sale is because they are working with agents who have no experience in this market or with short sales. If you are working with a buyer’s agent who has never sold a short sale property, the odds of you actually buying a home are substantially slim. You want to be working with a buyer’s agent who has actually closed hundreds of short sale listings so that you offer gets accepted. Since working with a buyer’s agent costs you nothing, since it will be the banks that pay all the commissions in a short sale listing or a foreclosure, why shouldn’t you work with the best? If you want to work with a buyer’s agent who will sit down and have a free hour consultation with you over the phone to explain to you the difference of buying a short sale in san diego, a foreclosure or a normal sale in this market, give me a call or fill out the online form.