3 Reasons Why Realtors Need a Good Negotiator

Now that the real estate market is looking to flatten out and it has reached it's rock bottom, lenders are looking to get rid of all of the shadow inventory clogging the foreclosure pipeline.

For the first time in over four years, the loss mitigation departments at the lenders and servicers are starting to streamline the short sale process and take offers below what they are owed. This means millions of properties are going to come into the real estate market. This is good for buyers and realtors.


There will be a perfect storm of motivated buyers with pent up demand looking for a steal, and motivated or desperate sellers looking to get out of underwater mortgages. A savvy realtor will make tons of money knowing how to work this new market. Because of this glut of properties and time constraints, here are why it is important for a realtor to team up with a good negotiator or short sale specialist:

Tons of paperwork and new regulations - The short sale process is very tedious and there is a lot of documents that need to be collected. Income documents from the seller, proposed HUDs that have to accurately calculated and properly signed and executed sales contracts. Just collecting all of these documents will take up your time that you need to be out marketing. Why not let a dedicated short sale negotiator deal with this task?

More time needed to marketing - Finding solid buyers in this market is like looking for a needle in a haystack. Lenders are still holding on to money and cash buyers are all the rage but they are rare. Let a short sale negotiator deal with the lender and collecting docs from your seller while you have more time and resources to finding buyers through the internet or networking.

A solid team is needed to survive - It is close to impossible to do it all in today's real estate market. Gone are the days when one person can sell houses, do mortgages, and even serve as property manager. There are too many regulations and other hurdles to cross, as well as just too many properties to sell. Why not develop an all star team of experienced and specialized task masters to make your life easier and make more money.

There are many dedicated short sale specialists, negotiators, and foreclosure consultants that can help you with your short sale listings and pre-foreclosure sales. Do your research and negotiate an amiable fee that works for all.

For more information or a free consultation, contact us at info@myforeclosureconsultant.com