If you need to complete a short sale but haven’t enlisted the help of a Tucson real estate agent yet, we’d like to provide you with some pointers on how to choose a Tucson real estate agent that is right for you. As you may know, completing a short sale is very different from a traditional real estate transaction and because of this, it is imperative that you work with a Tucson real estatge agent that is well-versed in short sales. If you choose to work with a realtor that doesn’t know much about short sales or lacks experience it could considerably delay the process or, even worse, cause your short sale to be denied.
So, how do you know if a Tucson real estate agent is experienced in short sales? The best thing you can do is to ask questions and lots of them! It is always best to ask the Tucson real estate agent how many short sales they have both worked on as well as successfully completed. Just because they may have worked on a large number of short sales doesn’t necessarily mean they’re good at them. If they have a low success rate, this should throw up some red flags for you as a homeowner. You should also ask what lenders and loan types they are familiar working with. Check to see if they have plenty of experience with your specific lender and loan type. Lastly, ask them how often they are in communication with you, the buyer and the lender. Short sales can sometimes hit a stalemate if the Tucson real estate agent doesn’t stay on top of things with the short sale negotiator that works for your lender. A good Tucson real estate agent will keep the ball rolling to get your short sale completed as quickly as possible.
Again, it can’t be stressed enough just how important it is you work with a Tucson real estate agent that is experienced in short sales. The success or failure of your short sale has the potential to impact your entire financial future.
