Hi. I am new around these parts.  This forum is obviously filled with Short Sale Superstars!  I'm merely an individual real estate investor still trying to figure out how to be the most effective investor I can be. 

I invest in several markets in Florida currently.  Boy, is it competitive! 

I wanted to get some advice on how to pick up some extra short sale crumbs since trying to get them off MLS is pretty difficult.   

I have started to think about maybe contacting title companies and seeing if they have a short sale negotiator that could let me know when deals fall through.  Or possible contact real estate attorneys and do the same.   

Just wondering for those of you who actually work on the short sale process have any creative ideas on how I can get more short sale deals under contract and think a little ahead of the herd out there???

Thanks in advance!

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  • Hi Smitty thanks for the reply.  Can I ask who agents usually are getting short sale listings from?    Who are they most likely connected with outside of just having a relationship with a homeowner who needs help?  Attorneys?     There are so few short sale listings right now in the Florida markets I follow.  Been like this all year. 

  • You need to prove you can close and then also reach out to several agents who you see consistently do short sales and let them know what you're looking for.  I don't think it's that difficult.  I work with different investors who have different requirements and when we get a listing that meets their needs I give them a heads up when it gets listed. 

     

    Take a solid short sale agent out to lunch and let them know what your goals are.  The more they get to know and trust you and you can prove you can close a short sale deal, the more apt they will be to call you when they have a property that meets your needs.

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