Is anyone using a title company for their negotiations? If so, how has the process been? Ant particular good/bad ones you recommend?
Thanks!
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Indiana
Yes, it seems that you understand the process very well. However, I trust you would agree at end of the day it is about negotiating with a collector and that is what we do. It takes a certain skill level to be able to negotiate. Attorneys are not made of Iron. I am not an Attorney. However, about 30% of my clients and they require someone like me to be able to dismiss them of future liability. THE Correct Negotiator makes all the difference in the WORLD! It is not worth the gamble.
Yes, it seems that you understand the process very well. However, I trust you would agree at end of the day it is about negotiating with a collector and that is what we do. It takes a certain skill level to be able to negotiate. Attorneys are not made of Iron. I am not an Attorney. However, about 30% of my clients and they require someone like me to be able to dismiss them of future liability. THE Correct Negotiator makes all the difference in the WORLD! It is not worth the gamble.
As someone who worked in escrow...I have an admitted problem with control and correspondence.
I want to negotiate all of my transactions...then I know exactly what is going on at all times. I notify all parties on a weekly basis (in the beginning) of the status. I know I would drive another person crazy with the "what's going on, did you send this, did you do that, did you ask them this..". Escrow/title is suppose to be a neutral party and I don't think they should be taking on the role of negotiator.
I tried a "professional" negotiator once. It was a notional company. they failed. I fired them, did it myself and closed the deal. That was the last time I will ever do that.
I do negotiations for agents and am in the process of partnering with a title company primarily for more office space and credibility.
I will be training more staff on how to get short sales done, and, we will be rocking in no time....looking to be another huge year for us.
As Jeff noted, just check out whomever is handling your negotiations....
MAKE SURE they know what they are doing
and
MAKE SURE they keep YOU and your Seller in the loop on status and progress (web based short sale tracking is best with automatic e-mail updates)
To those agents handling negotiations on your own, I certainly wish you all the best, BUT, being a HUGE fan of:
"The 4 Hour Work Week"
book, would STRONGLY suggest you find someone to handle the "joy of short sales" so you can make highest and best use of your time, which should be:
FINDING ME BUYERS AND SELLER!!!!
Best of luck to everyone.....make 2011 your best year ever!!!!
Short sales in Las Vegas have to be negotiated by attorney's, Real Estate agents.lenders...but not lay people..no chance of me using an hourly wage earner who does not have major concerns if the file closes or not!
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