Various Opinions Regarding Third Party Negotiators
Kevin was approached recently regarding his attitude on whether lawyers ought to negotiate short sales. This, reminiscent of other subjects, has Kevin a little fired up. You need to keep in mind that if you hire an lawyer to be your third party negotiator you are in actuality just getting a paralegal or legal assistant to negotiate on your behalf. Realistically, there are no attorneys sitting on the telephone with a bank employee negotiating the short sale on your behalf. Also, fewer than fifty percent of short sale documents that originate in an attorney office are successfully completed. So, if you scrutinize this more closely, learning a little bit about the short sale procedure yourself could guide you to the same success rate. If the outcome 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 not in favor of the idea of lawyers negotiating short sales. This is, in part, because of their small success rate. Furthermore, though, as an agent you have a responsibility to your house owner to protect the home owner. That accountability doesn’t necessarily exist with a third party negotiator. As an professional, you are invested in the home owner and the house owner is invested in you.
One of the other major points to comprehend is that you are a real estate agent and you understand the comps, the market and the offers. The attorneys don’t have first hand facts 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
