IS THAT SOUTHERN NH SHORT SALE SPECIALIST REALLY A SPECIALIST?
HOW MANY SHORT SALE APPROVALS DID YOUR SOUTHERN NEW HAMPSHIRE "SHORT SALE SPECIALIST" ACTUALLY OBTAIN LAST YEAR?
2013 has been dubbed the year of the short sale. On the bright side, positive changes have been made by Fannie Mae, Freddie Mac and the Treasury in their short sale processes. On the not so bright side, everywhere an agent turns, they are being encouraged to beef up their flagging business by becoming a "short sale specialist". Many companies are offering agents short courses that culminate in a designation and "niche" Short Sale Specialist Websites guaranteed to rank high in a Google search.
Now don't get me wrong, I believe strongly in eduction and I have an alphabet soup of short sale designations myself including CDPE, LMS and CHS. However, a course or two and a website do not a Southern New Hampshire Short Sale Specialist make.
There is no substitute for experience and since I first waded into the wild world of Southern New Hampshire Short Sales in the mid 90s, experience is something I can offer.
At any rate, being the curious person that I am, I pulled up a "clean" browser and googled Southern New Hampshire Short Sale Specialist to see what I would see. Of the 10 spots on page 1, several were taken up by big "generic" sites (Bank of America, Zillow, etc), 2 were taken up by me and 4 were taken up by other Southern New Hampshire Short Sale Specialists.
Taking it a step further (I told you I'm a curious person), I looked up the production for each of these Southern New Hampshire Short Sale Specialists for 2012.
One Specialist had 10 short sale listings last year of which 5 sold. The other 5 were withdrawn, cancelled or expired (which is usually code for "went to foreclosure".)
The next Southern New Hampshire Short Sale Specialist had 6 short sale listings last year of which 2 sold. The other 4 were withdrawn or expired.
The third Short Sale Specialist had 3 short sale listings of which 2 sold and 1 was cancelled.
And, finally, the fourth had 3 Southern New Hampshire short sale listings of which 1 closed and 2 were cancelled.
Despite the positive changes I mentioned earlier in this post, the road to a successful short sale is filled with unknowns and pitfalls and there is a lot that you, the distressed homeowner, have no control over. One of the things you do have control over is who you choose to list your home and handle your Southern New Hampshire Short Sale.
Make sure you choose wisely.
As for me, I sought and obtained 25 Southern New Hampshire Short Sale Approvals last year. (I also obtained a number of short sale approvals in Massachusetts but in the interest of comparing apples to apples, I am not counting them here).
For more information on the positive changes in the Southern New Hampshire Short Sale Process, you can read New Short Sale Guidelines - 3 Things Every Underwater Homeowner Needs To Know or Is The HAFA Short Sale Program Expiring?
If you have questions or would like a private consultation, you can contact me at 603-490-5344.