Short sales are a great way to afford the house you want, in the area you want, without blowing your budget. While short sales can give you more house for your money, be careful. A short sale does not always equal good investment. The best way to ensure you are getting a good deal is taking the right short sale agent on the journey with you. But with all the agents out there claiming to be the best, how do you choose? Here are a few tips for finding the right agent for you.
Experience with closing
It’s important to keep in mind that certified is not the same as experienced. Just because an agent has completed a short sale class, it doesn’t mean they’ve taken advantage of opportunities to put their knowledge to use. Be sure to look for closing records. Having fewer short sale closings doesn’t mean one agent is worse than another, but it does guarantee more experience.
Experience with your short sale bank
Choosing a short sale agent who is familiar with your bank doesn’t guarantee approval, but it does ensure more insight into your institution. If you are choosing a smaller institution this may be a more difficult task, but if are sticking with a large bank, you should be able to easily find an agent who has worked with short sales through them before.
Experience selling in your area
Choosing an agent with experience in your area means more familiarity with the local customs and a better relationship with other local agents. Most importantly, an agent with experience in your area increases the ability to guide you to the correct short sale price.
Looking into these three areas of experience before choosing your short sale agent can increase your chances of making that short sale home yours. So while you’re researching short sales in your area, make sure to give Wilmington and Leland, NC short sale expert Nilesh Jethwa a call at 910-622-0319.