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Redfin Real Estate Forums :
Los Angeles :
Short Sale Negotiations?
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Re: Short Sale Negotiations?
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palmsshortsales
Visitor
Posts: 2
Registered: 03-20-2009

Message 4 of 18

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No matter how good we are, there seem to always be some chaotic components to short sales. Some ways to bring structure to the short sale strategy is to compartmentalize the short sale process and delegate certain components to certain players. E.g., lawyers may draw up the contracts and even negotiate with the lenders. However, one key component regards the issue of paying for services. Who is willing to take the risk in the form of delayed compensation or in some cases, no compensation where the short sale was not completed. There are a few programs that purport to spread the risk around. No up front fees from some players to others, no one gets paid unless the sale is fully consummated. A established real estate program announced this week (3-18) that they have come up with a program that spreads the risk around and is designed principally for agents to be supported by professional negotiators/investors. I did listen to the program and it does put forth the sharing of risk. I am not an agent or professional negotiator but there is a place for me to work in short sales if there is more order. I am willing to share the risk and defer the reward until all parties are paid. The program is the "PALMS" at- Here's to more order http://www.weprovidethecash.com/?id=jeromesville
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03-20-2009 07:14 AM
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Re: Short Sale Negotiations?
[ Edited ]
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renter4life
Contributor
Posts: 40
Registered: 03-04-2009

Message 7 of 18

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I came across a short sale listing that had a open house this past Saturday, but I was wondering if that's common?? Message Edited by iNDO on 03-22-2009 11:57 AM
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03-22-2009 11:56 AM
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Re: Short Sale Negotiations?
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JAMESINOC
Contributor
Posts: 18
Registered: 03-16-2009

Message 9 of 18

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Trabuco Dom, I see a lot of posts from you...are you a realtor?
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03-22-2009 07:08 PM
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