It is so sad when the clients come to you, looking for help and when you postponed the sale for long time, advertised their property, negotiated with the bank to accept a short sale on it and finally find a buyer! they tell you "Don't sale my property" I am not making any money in the sale, I already damaged my credit why I gonna sell it? just let the sheriff sell the property and give back to the bank. I will live for free; for a few more months and collect the rent until that. 

What about your time, your job, your effort? It is unbelievable!

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Comment by Gloria Oquendo on June 6, 2011 at 2:30pm

you are right, somethimes the clients don't appreciated your job, time and effort but, we have to move on. There are a lot of situation that we have to have experience with and the only way that you can learn; is being there.

Thanks

Comment by Steven Pawera on June 6, 2011 at 2:18pm

Gloria, you just need better clients:

after much the same scenario as you describe, my clients tell me they appreciate how hard I've worked and really want to see me close this so I get my commission.

:)

Comment by Lewis Corcoran on June 2, 2011 at 10:39am
It's unfortunate that some people can't see the forest for the trees. Non payment of mortgage payments is bad enough, A foreclosure will have a far more damaging impact on a person's credit report than a short sale. Plus, with a short sale, the sellers will get $3000 from their servicer to help cover moving expenses.
Comment by Joseph C. Alfe on May 31, 2011 at 9:09pm
this can be prevented by doing a factual, no bs listing presentation
Comment by Gloria Oquendo on May 31, 2011 at 8:25pm
I know that and always i explain it to them but, when they really don't care; We cannot do anything else, just let them go and find someone else to work with.
Comment by Eva Tahiraj on May 31, 2011 at 6:23pm
Gloria if we are working with the bank to forgive their debt and be able to purchase a home again in as little as two years if they try to repair their credit right away when they complete a short sale, the only thing you can ask these seller's is:  How much money can you save in two years?  I'm sure is not going to be $ 50, 000 or $ 60, 000 that we are trying to negotiate with the bank for them, that's how much money they are making by doing this.  If we let them go in foreclosure sure they will live debt free but don't forget it's not going to be two years for them to restart their life fresh again.

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