Various Beliefs Regarding Third Party Negotiators

Short Sale Power Hour

Kevin was approached lately concerning his opinion on whether attorneys should negotiate short sales. This, reminiscent of other topics, has Kevin a little fired up. You must keep in mind that if you hire an attorney to be your third party negotiator you are in actuality simply getting a paralegal or legal assistant to negotiate on your behalf. Realistically, there are no lawyers sitting on the phone with a bank worker negotiating the short sale on your behalf. Also, less than 50 percent of short sale files that start in an lawyer office are successfully completed. So, if you scrutinize this more intimately, learning a little bit about the short sale procedure yourself could lead you to the same success rate. If the results that you could get are the same or better than a lawyer can get, isn’t it in your best interest to do it yourself?
Clearly, Kevin and Fred are opposed to the thought of attorneys negotiating short sales. This is, in part, because of their small success rate. In addition, though, as an agent you have a responsibility to your home owner to protect the home owner. That accountability doesn’t automatically exist with a third party negotiator. As an agent, you are invested in the home owner and the house owner is invested in you.
One of the other vital points to recognize is that you are a real estate professional and you understand the comps, the market and the offers. The lawyers do not have first hand knowledge of those specific real estate issues.

http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.

Get powered up by Kevin and Fred at http://shortsalepowerhour.com/3rd-party-negotiators-short-sale-power-hour-030410/ title=”3rd Party Negotiators”>Short Sale Power Hour by the Short Sale Specialists of Arizona