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  • Of course we all try to double end our deals, after all we're the ones doing all the work! However, just as any other buyer backs out, sometimes my own buyers on a short sale deal back out for one reason or another.

    I also am a buyer's agent with offers accepted on short sale listings that aren't mine.
  • I don't really care who brings the buyers as long as the buyers understand the process. I do double end some but I don't focus on it.
  • I dont have an issue holding on to buyers, since in california they are a dime a dozen. I was more curious as to how many of us are doulbing ending our transactions to avoid buyer fall out? Is it a common practice for you to double end your Deals or are you taking offers from other Realtors/agents?
  • Victor, aside from BofA short sales, we tend to hang onto the buyers with constant communication with the buyers agent along with setting expectations up front...
  • Victor. Losing buyers on short sales is very frustrating. One thing that helps is requiring deposits at time of contract and make sure the time frames in the contract are realistic. Remove contingencies as quickly as possible so the only one left is the 3rd party approval. If the buyer walks they lose their deposit.

    It also helps to have a list of Investors that will purchase your short sales at a reasonable price.
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