What To Look For In A Short Sale Real Estate Agent

By Author: Sandra Wilken
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With the economy being what it is these days, now is the time to focus on all of the amazing short sale opportunities in the marketplace. wondering what a short sale is? It's when a Seller's lender is willing to accept a discounted price to clear out an existing mortgage. To be eligible, homeowners don't need to be behind on their loan. In fact, many banks will consider short sales in Scottsdale if the Seller is current but the value of the home is drastically less than what's owed.

When the housing bubble burst, a whole new crop of short sales in Scottsdale flooded the market. Interestingly, experts are predicting that even more are going to hit the market around the end of 2010. Thinking of taking advantage of the great deals on short sales in Scottsdale? Great! But, you need to find a short sale real estate agent first. Here's what to look for before signing a commmitment:

1.) Somebody with short sale experience. Short sale homes are unlike any traditional sales, and can come with all kinds of additional steps and delays if you don't hire a qualified agent. Find a short sale real estate agent who is certified ...
... CDPE to help navigate these dark waters. These agents have special training in the short sale process and the issues that help sellers avoid a foreclosure. Having an agent who is not versed in the procedure will lead lags in the sales process while the inexperienced Realtor spends time learning which forms to fill out or fills out forms improperly.

2.) Interview several agents before making your final choice. It's imperative that you find someone you're comfortable working with, who you're certain has your best interests at heart. Look for an agent with an understanding of the neighborhoods you are looking into. Negotiations will run much more smoothly when your agent knows the appropriate comps to support the home's value.

3.) If you desire serious results, you have to be serious yourself. One of the most important things to consider before hiring a real estate agent is whether or not their particular area of expertise fits the property you are trying to buy or sell. Again this is important, as you don't want to be paying somebody to learn on the job, you are hiring them because they are the specialist.
About Author:
Founding Sandra Wilken Luxury Properties in 1995, Sandra Wilken was first recognized for representing major developments in Scottsdale, including Fire Rock and Gainey Ranch. In recent years the business has grown to service Arizona's most prestigious communities in the Scottsdale, Paradise Valley and Biltmore area of Phoenix. Sandra, a Scottsdale real estate agent, and her team give the time and attention each client deserves when buying or selling luxury homes in Scottsdale.