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Wednesday, June 15, 2011

Qualifications of a Great Real Estate Agent; hire a short sale specialist

Many people are asking, why should I hire you, a short sale specialist to help me buy or sell my home? First of all, just because I call myself a short sale specialist doesn't mean I do not provide representation for traditional buyers and sellers.  Not all short sales are for all brokers.  It requires a certain personality to be able to do short sales daily. I am a successful short sale listing specialist, having completed several short sales.  Here are the qualifications of a successful short sale agent:

  • Master patience, persistence, empathy for homeowner's financial and personal distress;
  • Ability to manage the negotiation side - doing most of that work yourself
  • Extremely focused and organized.  Commited to relationship building with a range of lender reps.
  • Learn the variation in how deals are done.
  • Be an excellent comminicator.
  • Commit to staying up to speed with the industry - and to educating others about it.
  • Ready, able and willing to be very, very, busy.
  • Ability to provide lender's requirements rapidly and stay on top of files,
  • Be able to time block and have business planning skills,
  • Be able to keep up with the changing short sale guidelines
  • Great marketing skills - ability to target investors and buyers
In summary, a short sale agent must have excellent communication skills, focused and organized, patient, persistence and have empathy, great negotiation skills, good marketing strategy, and keep up with the real estate trends.  Hmm, aren't these the qualifications that you would want in your realtor?  So if you are looking for someone with the above qualifications, you just found the right agent!