Short Sale Approvals Increase Dramatically | Realtor Short Sale Designation

By
Education & Training with Tim & Julie Harris® Real Estate Coaching

As promised, there has been a DRAMATIC SHIFT in Big Bank short sale approvals!

Harris Real Estate University students (and future students) I have a simple question for you…

….what are YOU DOING NOW to take advantage of the changes happening now for short sales?

In 2012 the demand for agents who know how to actually list and sell short sales is going to be insane. I have NO DOUBT that the banks are going to do everything they can to get as many short sales through to avoid foreclosures. Why the change in policy..or at least why are banks now wanting to push for more short sale closings?

Simple, the lose less money. Before the banks were doing and internal analysis to determine if they would lose less money doing a short sale vs a foreclosure. Up until about 6 months ago the banks were favoring foreclosures because they thought the real estate depreciation was leveling off. Were they every wrong!

If you read this blog daily, you know that most  real estate economists are predicting home values to drop as much as another 15%. (Note: KNOW YOUR MARKET…you may live in an area where homes won’t lose value and may be gaining in value). Now that the banks are anticipating additional depreciation they know that they will lose less money if they home is sold now…as in right now.

Bottom line, 2012 is FINALLY the year of the short sale.

Join us for this weeks Exclusive Bank Insider Short Sale training event:

AGENT ALERT: New Secret 2012 Big Banks Short Sale Programs Leaked. Free Training Event THIS WEEK.

Here is an article from Bloomberg:

Posted by
  Tim and Julie Harris® Real Estate Coaching  
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Groups:
Addicted to Active Rain
Century 21 Active Rainers
Keller Williams 'Rainers
Realtors®
Short Sale Specialists & Pre-Foreclosure Education
Tags:
harris real estate university
short sale training
hreu
distressed property designation

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
1,190,587
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

We have seen an improvement of short sale approvals in 2013

Aug 01, 2013 07:53 AM #1
Show All Comments
Rainmaker
152,791

Tim and Julie Harris

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information