Home buying and selling is a complicated task–don’t go it alone. You wouldn’t make any life-changing decisions without first doing a little research. Just as any other large decision, you need to consult a professional before selling your home. You simply have to have an expert who knows the ins and outs of the industry to ensure that the process is fair, legal, timely, cost-efficient, and profitable. With a Phoenix short sale, the process of selling a home is far more complex than it would be otherwise. However, a short sale agent can sell your home in a more responsible manner than allowing it to be foreclosed.
A Phoenix short sale agent will be there to walk you through the process from the first day. But, with so many to choose from, how do you narrow it down? Keep in mind that there are over 70,000 certified real estate agents in the Phoenix area, but of those, only about 1% are specialists in short sales. After you have done your research and decided on an agent, here are a few of the expectations you can have.
The first thing to expect of your short sale agent is that they encourage open lines of communication. Be wary of any agent that asks you not to contact your lender. Granted, there is some information that remains confidential, but for the most part, you, your lender, and your agent should be in constant communication. Cover all your bases, though, by first writing a letter to your lender informing them that it is OK for them to share information with your agent. Since your agent will likely be able to understand this information a little bit better than you do, allow your lender to convey information to them. First, expect them to keep the lines of communication open with you and your lender.
Should you need more help than your real estate agent, he or she should at least be able to connect you with a network of professionals. If you need the services of a lawyer, accountant, or other financial advisors, they should be able to at least point you in the right direction. Again, this goes back to those open lines of communication. Your Phoenix short sale agent should be able to support these conversations and guide you through the financial and real estate jargon.
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