Minneapolis Short Sales and Minneapolis Bank Foreclosures account for 60% of the available homes on the market. One of the challenges is that many of the agents that are doing short sales do not know what to do. I have seen agents send in multiple offers to the bank(bad, bad idea) I have seen agents send in purchase agreements that have not been signed(waste of time) It does not matter if you selling a distressed property in Minneapolis, the 11 county metro or Alaska, you have to follow the correct procedures to short sale a home. If all agents doing Minneapolis short sales were following the proper procedures, we would increase the offers approved by the banks, reduce the amount of inventory so other sellers could sell and make buyers and agents life quite a bit easier.
Joe Niece
Broker, GRI, CDPE
I believe in the fiduciary duty to our buyers & sellers. As an Agent and Broker, I created a buyer Bill of Rights and created the most aggressive Marketing plan for Sellers. It works!
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