Profile of a Short Sale Seller

Many homeowners have never heard of a short sale until the last couple of years. Now short sales represent a majority of our business. Our short sale sellers never thought they would sell unless they were moving up, out of the area, or down to a smaller home or retirement property. Most are still working, though about half of our sellers are two-income households that lost one income. Vast majority are upset their home value has tanked or embarrased that they have failed financially as a result of the perfect storm, loss of income, loss of job, increasing adjustable mortgage payments, and falling home values. Almost all short sale sellers want to keep their situation as private as possible.

There seems to be no standard age or income, but short sale/foreclosure properties do appear in clusters when putting pins on a map. A growing and disturbing trend is more homeowners are seeking short sales just because their home values are underwater, not because they can't make payments.

In picking an agent to sell their home, they are most likely to use an agent they don't know rather than an agent they have used before or an agent that knows their friends and family. They would prefer an agent with special training and experience in short sales.

Our short sale sellers have hired us to help sell their home and guide them through the long short sale process because of our expertise, experience, confidentiality, solutions and hope we offer. If your situation is similar to the profile described above then contact us for a "FREE, NO OBLIGATION" consultation.