"We had contract on a short sale in prince georges county md. in january for 230,000, 10 miles from capital hill. Sale was delayed for 2months. Appraiser did review in march and wrote the property down 27,000 dollars. THERE IS NO WAY THAT A PROPERTY…"
"We are now a preferred partner and received a great referral from this network last week. Owner called BOA before contacting network, could not do loan, then given to negotiator who said put the house up for sale for 330,000 as a short sale. we put…"
"We gave BOA all the data, they would not even discuss the case with us. Negotiator said they will make more money if property goes to foreclosure. We are sending our pkg to a member of congress (we live a half hour from capital hill). BOA is…"
"Nestor is great at influencing BPOs but sometimes we get the doozies, we have had to go all the way to the top of Freddie to plead them to reason a few times. But we still have one that keeps sending down the same idiot to do the BPO who drives down…"
"I am an experienced and certified BPO agent, myself, and follow the bank's guidelines. I am also certified in REOs and Short Sales and do not deliberately under-price properties to get offers. Prior to listing the property I did the comps as if…"
"And that is exactly what the lenders are afraid of. As short sale agents we are not working for them and they have had bad experiences with too many agents who are happy to get any kind of offer. No negotiations, no nothing. But your credibility is…"
"To set the record straight, ( I know you are not pointing us out) Nestor and I do very thorough CMAs prior to pricing short sales. We also coach other agents for the same reason- we need to be netting the sellers the most amount possible to offset…"
"We have so many problems in this market segment . . . on all sides. (Circle the wagons!)
Much of the discussion about the low quality of BPOs is unquestionably true, and becoming true-er!!
Many SS listing agents never do a BPO to set the listing…"
SFR (Short Sales and Foreclosures Resource), LMC (Loss Mitigation Consultant), CDRS (Certified Default Resolution Specialist, Harris University Training (Of Some Kind), Equator Certified, HRC (Home Retention Consultant)
Short Sale Transactions Completed
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
No commercial experience.
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Full time MD Realtor since 1989, specializing in short sales and REO properties since 1993. A vendor partner for valuation services, default services, lending institutions, and asset management companies providing BPOs and property inspections. A partner with my husband, Skip, of The O’Dea Group. We are a competent and knowledgeable team who provide first-class, efficient service in all aspects of REO marketing. Received extensive training and certification as a Home Retention Consultant to further benefit mortgage companies and third party servicers in assisting borrowers who are delinquent on their mortgage payments. Highly organized, motivated, and professionally trained with a business management degree and recognized skills in administration, management, and organization. An REO Default Certified Professional (RDCPro), Equator/REO Trans Platinum REO and Short Sale Certified; RES.net AMP Certified; REO Network Premium Partner; ExcellenREO Partner; Short Sale and Foreclosure Resource (SFR), Home Retention Consultant (HRC), Loss Mitigation Consultant (LMC); and a member of REOPro, Short Sale Specialists, and Short Sale Superstars. Brokerage: Keller Williams Select Realtors, Annapolis, MD.
As your Realtors, we will:
• Act as your trusted advisor and negotiator;
• Aggressively market your home for sale;
• Promptly assemble and submit your Short Sale documents to your lender;
• Act as liaison with the Loss Mitigation and Short Sale Departments;
• Work with you to ensure a successful Short Sale transaction and closing; and
• Negotiate a waiver of deficiency judgment from your mortgage lender as part of your short sale approval.
We are Platinum Certified members of REOTrans/Equator; Premium Partners with REO Network; RES.Net and AMP Certified, member of REOPro, member of Short Sale Superstars; partner with ExcellenREO, and certified as a Short Sales and Foreclosure Resource (SFR) through the National Association of Realtors. In addition, we completed an in-depth, comprehensive training course and are certified as an REO Default Certified Professional (RDCPro).
Put in todays date! This is to help stop spammers!
February 3, 2011
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
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