Critical errors can occur when short sales are handled by practitioners unfamiliar with the process. Al thought you may have taken a seminar or a course on short sales , you may not have the time and Patience to follow up to be truly successful at it. It is important that you are tho-row when you do a short sale, reviewing and processing information, preparing and submitting the short sale package and reports, negotiating with all the lien holders, and providing all approval documentation and correspondence necessary to close the transaction to all parties.

Not being educated properly on how to close and negotiate a short sale can result in them being declined or buyers or sellers to walk away from the transaction. Or a lawsuit against the Realtor involved for misrepresentation. Make sure when you say you know what you are doing in reference to short sales you really do and if you are uncertain refer to your local expert!