- Do not use anyone who charges upfront fees, or any company that requires you to pay money directly to them at the time of the transaction.
- Make sure the agent handles your short sale directly and has a proven track record of successfully negotiating and closing short sales. It’s vital that the Agent has experience dealing with the banks.
- If the agent does not have experience with short sales they do not have contacts with the banks. That means they do not understand the language needed in the contract to protect you. Not knowing this information can cost you months in negotiating with the banks and even cause a foreclosure.
- Make sure the Realtor you interview is the agent who will be working with your short sale. Many Realtors will assign your short sale to another assistant or agent, not the agent you hired.
