Replies to This Discussion

Permalink Reply by Jim Schneider on February 28, 2011 at 4:03am

Wilsie, care to tell who this was? We'd all like to know if we're dealing with this person. Also, how bad was the commission cut?

Permalink Reply by Jim Schneider on February 28, 2011 at 4:35am

Thanks for sharing, this kind of information is exactly what makes short sale superstars so great.

Permalink Reply by Patty Da Silva on February 28, 2011 at 4:52am

Wilsie - Congratulations!! Every short sale closing is a victory and should be celebrated!!!

 

Help lots of people and have a great day!

 

Patty Da Silva, CDPE©, RESS®, AHWD®, e-PRO®, GREEN, CFS, TRC

Permalink Reply by Wilsie Ortiz on February 28, 2011 at 5:01am

Thank you...!!!

Patty Da Silva said:

Wilsie - Congratulations!! Every short sale closing is a victory and should be celebrated!!!

 

Help lots of people and have a great day!

 

Patty Da Silva, CDPE©, RESS®, AHWD®, e-PRO®, GREEN, CFS, TRC

Permalink Reply by Pacita C Dimacali on February 28, 2011 at 6:26am

I had a bad experience with an AHMI negotiator, too, Even the seller who was making follow up calls complained. I had previously hired someone to handle the negotiations, but she gave up and said there was nothing she could do because the AHMI negotiator was impossible to deal with. So I took over.

 

That AHMI person wouldn't return phone calls. Then she'd be off for days with no instructions on who is handling her accounts. Then she'd insist she didn't receive several documents that have been faxed and refaxed many times. Then she'd recount discussions much differently from what happened. She'd demand lowering commissions. Then she'd demand a big contribution from the seller.

 

Finally, both the seller and I called the main number, asked to speak to managers and supervisors, faxed letters asking to have someone else handle the account with our reasons for not wanting to deal with this particular negotiator. It took weeks to accomplish this, but we finally had someone else. The funny thing is, when all was said and done, we ended up selling for less (since property values dropped) and AHMI also got a lot less than what we originally submitted.

 

We think that negotiator was either inexperienced or not knowledgeable. But like Wilsie, we closed the short sale.

 

Persistence!

Permalink Reply by Wilsie Ortiz on February 28, 2011 at 6:30am

this is great...!!!  Persistence is the key. Congratulations...!

Permalink Reply by Steve Early on March 2, 2011 at 10:49am

We had to do the same thing Pacita. We asked for a new negotiator several times because ours was doing nothing and not returning calls and we got nowhere so we just told them to close out the file. We resubmitted the whole thing and got the SAME NEGOTIATOR!!  So we made a real stink about it and got the file reassigned. The person who took over was not bad to work with at all. The whole thing also took us weeks, but we had no choice.

Pacita C Dimacali said:

I had a bad experience with an AHMI negotiator, too, Even the seller who was making follow up calls complained. I had previously hired someone to handle the negotiations, but she gave up and said there was nothing she could do because the AHMI negotiator was impossible to deal with. So I took over.

 

That AHMI person wouldn't return phone calls. Then she'd be off for days with no instructions on who is handling her accounts. Then she'd insist she didn't receive several documents that have been faxed and refaxed many times. Then she'd recount discussions much differently from what happened. She'd demand lowering commissions. Then she'd demand a big contribution from the seller.

 

Finally, both the seller and I called the main number, asked to speak to managers and supervisors, faxed letters asking to have someone else handle the account with our reasons for not wanting to deal with this particular negotiator. It took weeks to accomplish this, but we finally had someone else. The funny thing is, when all was said and done, we ended up selling for less (since property values dropped) and AHMI also got a lot less than what we originally submitted.

 

We think that negotiator was either inexperienced or not knowledgeable. But like Wilsie, we closed the short sale.

 

Persistence!

Permalink Reply by Lisa Marie Berry on March 6, 2011 at 5:29am

Wilsie Ortiz said:

Benny Garcia. He took 1% off and with the commission left we had to cover other small closing expenses.

Permalink Reply by Lisa Marie Berry on March 6, 2011 at 5:34am

Thank goodness I'm not going crazy I have been dealing with the same negotiator and I finally had to get my broker involved. It is just a shame that we can't all work together and help each other. Short sales are trying enough I don't have time to play games with these people.

Permalink Reply by Jeff Payne on March 22, 2011 at 10:58am

Congrats on sticking with it and getting it closed.  The negotiator probably gets a bonus for closing x amount which is why he wanted it done that fast. 

Permalink Reply by Jeff Payne on March 22, 2011 at 10:59am

what was this persons name?  AHMSI checks the blogs and if we OUT the jerk, maybe he will get reprimanded, remember, bank employees love to be noticed but not in a bad way.  I could tell you a good story about a jerk that got fired from IndyMac for some of the same nonsense! 

Permalink Reply by Jeff Payne on March 22, 2011 at 11:02am

http://www.linkedin.com/pub/benny-garcia/12/204/60b

Lets all send him a connection link to let him know he can come here to learn about short sales