Listing Status
First, there are a few things that you should know about a Short Sale before you encourage your client to submit an offer on one.
'Submitting an offer' (see below) From there you will learn what you need to send in order to submit a complete Short Sale offer and how we can communicate more efficiently throughout the process.
Education combined with realistic expectations will help avoid frustration and make the process easier for you and your client. Please read the Agent’s FAQs and learn what you and your client can expect by way of timelines and response of your offer being accepted.
Last updated: Thursday, May 28, 2009 11:09:49 AM
| Property | # of Offers | Current Status |
| Cottonwood | 4 | Closed |
| Brandi | 2 | Closed |
| Via Dolce | 3 | Closed |
| Woodvale | 4 | Closed |
| Golf | 2 | Closed |
| El Dorado | 3 | Foreclosed (approved but kitchen stolen) |
| Saxon | 4 | Closed |
| Lauritson | 3 | Closed |
| Viader | 2 | Closed |
| Tagura | 9 | Closed |
| Saint Louis | 9 | On Hold |
| Cypress Creek | 3 | Closed |
| Scenic | 3 | Closed |
| Berkeley | 6 | Closed |
| Wilma | 4 | Closed |
| Quiet Ct | 5 | Closed |
| Santa Cruz | 3 | Closed |
| Oakfield | 4 | Click here for Status |
| Van | 4 | Closed |
| Ramona | 1 | Closed |
| Eicher | 6 | Closed |
| Multnomah | 6 | Click here for Status |
| Dyer | 5 | Closed |
| Suffolk | 8 | Click here for Status |
| Chardonnay | 2 | Closed |
| Mercey Springs | 1 | Click here for Status |
| Lourmarin | 2 | Click here for status |
| Estrellita | 10 | Click here for Status |
| tarboro | 1 | Click here for Status |
| Sylvan Meadows | 0 | Available |
Submitting Offers
In order to give
your offer full
consideration, we
will need to ensure
that the following
four items have been
included with each
offer.
CBC
(Cooperating Broker
Compensation)
The listed MLS
commission to the
buyer’s agent is not
negotiable. If you
seek more
compensation that
what is offered, you
will need to make
arrangements with
your buyer(s).
PAA (Purchase Agreement Addendum) You must check box 5 on the PAA. This informs your buyer that this is a Short Sale.
Copy of Earnest Money Deposit
Proof of Funds
Once we receive an offer we will send a fax confirmation within 24 hours. If we are missing any of the items above, you will be asked to provide the missing forms/information before we can present the offer to the seller(s) and lender(s).
**Please take a moment to read the following information to understand how we can efficiently communicate throughout this Short Sale transaction.
Email and Fax Communication
SUBJECT LINE
If you have any questions regarding a particular property, please put the Property Address in the subject line.
SUBMITTING AN OFFER
When you submit an offer, an increased offer or are changing the terms to your previous offer, please type the word Offer prior to the Property Address in the subject line. Since most offers are sent by fax, be sure to use the same subject line in all of your email correspondence in order for us to keep all of your information together. Please know that your offer will receive our immediate attention. We receive dozens of faxes each day and will confirm receipt of your fax/offer within 24 hours.
WITHDRAWING AN OFFER
Sometimes a client may be considering several properties at one time. In the case that your client decides to purchase another property, please email us and type the word Withdrawal prior to the Property Address in the subject line. We will then remove their offer and send you a confirmation email or fax.
SHOWING REQUEST or SHOWING INSTRUCTIONS
Again, when you email or fax a request to show a property or need showing instructions, type the words Showing Request or Showing Instructions prior to the Property Address in the subject line. In the case that you are requesting a same day showing, please be sure to mention that in the subject line. You may contact our office directly by phone to schedule a same day viewing, but due to our high call volume, you may receive a quicker response via email or fax.
FORM REQUEST
When you are sending in a form or document that we have requested, please type the Name of the Form/Document along with the Property Address it pertains to in the subject line.
These ‘Tips’ are for the purpose of making the whole process clear, quick and easy for all parties involved. We do understand that time is of the essence during any Short Sale transaction and following these instructions will help us to easily organize and prioritize your requests and communication and will result in a timely and efficient response. Thanks for your cooperation.