Mike Sher

About Us:

Summary:

Get to know Mike Sher - Associate Broker
Real Estate Salesperson, Associate Broker


BUYERS:It can be very frustrating to look at homes day after day without finding the one you want. As a Buyer's Agent, Mike Sher will work around your schedule and do the research so that you can continue to focus on your daily activities. As a third generation real estate professional with property management experience, Mike Sher has a considerable amount of knowledge to help you make the right choice.

SELLER'S: Knowing what buyers want in different markets is a real specialty. Mike Sher will not just "list your house", he will help explain what buyers want and assist you with simple steps to improve the value of your home. In addition, Mike has an extensive network of professional, contractors for last-minute improvements to achieve top dollar for your home. Selling a home can be a very emotional experience. As a service provider, I work 24 hours a day to help you separate the emotion from the money. I make a point of being available around the clock to serve my clients.

Short Sale Specialist/Pre-Foreclosure Sale:
I am an expert in the field of bank Short Sales! Meaning, I negotiate with lenders and banks so they take less than the full amount the Seller owes on their Properties. This allows us to sell the house for the maximum amount the market will bear; rather than being forced to sell for the full amount owed or face foreclosure. The house will sell quicker, and will save the Seller's credit!

· Working hard for my clients means being willing to go the extra mile for them and their interests.

· I believe in over-serving my clients which makes me the ideal choice for you when buying or selling your next home.

· Involved with real estate investment since 1997.

• Third Generation Real Estate Professional.

Areas of Expertise

CDPE (Certified Distressed Property Expert)

Along with helping Buyer's and Seller's in traditional transactions, I also specialize in Short Sales

Difference between a Short Sale & a Foreclosure

Short Sale (aka: Pre-Foreclosure Sale) is a process where a negotiated settlement is made between the lender and the seller for a third party buyer--facilitated by The Mike Realtor Team. Even after the Sheriff's Sale has occurred, we can sell the home and prevent the Foreclosure.

Two important things to know are:

1) The bank does not want another property; it has enough inventory and would rather take a loss today rather than a larger loss later.

2) I specialize in Short Sales. I can save my client's credit, satisfy the bank, and help find a new home with easier payments. I do all the work, and the bank pays me, NOT the seller!

Broker
Short Sale Specialist
Realtor Training

Testimonials

Mike Sher - Associate Broker's Testimonial

"Mike Sher is a wonderful agent! He really knows his market and provides great insight on home values, investment properties and practical uses of houses a real benefit to have him on your side." -Antoine, Royal Oak

"You made every step of the buying process as painless & worry-free as possible. This was new territory for us; you helped us navigate it & were patient with us when we needed to wrap our heads around things. We'll be calling you when it comes time to sell!" -B & M Hall, Ferndale

"Teresa, Sam and I would like to thank you for all of your hard work and dedication. We are pleased that the process went so quickly and without any major hiccups. Rest assured, you will come highly recommended by us to potential future clients." -Brandon & Teresa, Southfield

"Mike is truly concerned about finding a house that makes sense given his client's needs. He is easy to work with, accommodatin & favors finding what is right for his clients over making a deal. I have worked with him on several transactions & will continue to do so!" -Becky, Royal Oak

"Thanks for your help in selling the Oak Park house. Rohit & I appreciate all your help & patience in closing the deals. I would have no problem referring you my friends whenever they are looking for a realtor. Thanks again. Good luck & keep in touch." Minal & Rohit, West Bloomfield

"The most important thing in choosing an agent is integrity. Not only does Mike have expert knowledge of the market & the buying & selling process, but most importantly earned my trust. He represented my best interests, & I never worried about being taken advantage of in this complicated process."-S "We had several of erroneous postings to our credit, our effort to purchase a home was marked with starts & stops. Mike was patient & supportive. His help in finding us a person that had the experience to resolve these false items on our credit & getting us a mortgage was invaluable"-SW, W Bloomfied

"Outstanding! We had a condo with another agent for 6 months - then gave it to Mike & he sold it in 2 weeks. He also sold my mother-in-law's condo & is now the agent for my daughter's house. I will continue to deal with Mike & to recommend him to others with great confidence."-Linda & Ted, Bloomfied

"Mark & I wanted to thank you for holding the house open today, we know it was on very short notice & appreciate that you were able to make it happen. We are lucky to have you & wouldn't want to go thru this process with anyone else! THANK YOU!" -Michell Keilen, Royal Oak

"I honestly could not have asked for a better agent! Mike knows the business & taught me a great deal along the way - answering all of my many, many questions. (thanks Mike!) I love being a homeowner & the neighborhood I live in! I will use Mike again & have been recommending to everyone I know! -KG

SHORT SALE LETTERS

To whom this may concern,

Mike Sher helped us short sale our home in Royal Oak recently. He negotiated with the bank and took care of everything. We had some problems with a buyer that walked away right before closing but Mike told us everything was going to work out. He immediately took the necessary steps to get us another buyer. We have heard a lot of stories of people being thrown out of their home by the bank or abandoning their home without leaving a forwarding address for fear the creditor would follow. We did not want to be that person.

Mike not only found us a buyer, but helped us redeem the deed from the bank and we closed without being foreclosed on. When faced with such uncertainty, it was comforting knowing that we had an honest person working for us. It was refreshing to have a normal closing with the buyer's across the table, and us being able to give them keys. It is never easy being in this situation; however Mike made this experience less painful.

Now that the Short Sale is over, we do not have to worry any more about our home or about collectors calling us. Since we have closed on the home, we have not had a single call or letter from our old mortgage company. We would recommend Mike to anyone who is facing a foreclosure or just can't sell their home because they owe more then what it is worth.

Sincerely

Michelle and David

June 12, 2008

Earlier this year, I found myself in a dire financial situation from which it seemed there was no hope. I had missed a mortgage payment and other bills were piling up. I knew that if I were to catch up, within a few months, I would be facing a higher payment as my rate adjusted up. At that point, I realized that in order to make my mortgage payment, I would barely afford to pay for the gas and electricity, much less the gas to get to work!

I tried contacting my mortgage company multiple times to let them know that I was soon facing my second month without enough money to pay my mortgage, but after faxing over all my financial documents, communication came to a standstill.

I even contacted a lawyer to file bankruptcy. Thankfully, he recognized that the crux of my financial burden was my mortgage and he referred me to Mike Sher.

When I met with Mike for the first time, I was distraught and overwhelmed. He listened to me with compassion. What I appreciate from that first visit was the calm but thorough way he explained my options. He was very informative about the short sale process. I never felt pressured to make a decision on the spot or at any time throughout the selling process.

Although I agreed to sell my house, I admit, I was skeptical it would be sold. Mike answered all of my questions and allayed my fears with great patience.

He was very aggressive in marketing my house both in the traditional ways and on just about every internet site available. Each viewing and agents' comments were listed on a website where I could log in and get feedback.

Once we got an offer, Mike continued the hard work in communicating with the buyer's agent and my mortgage company. Many times, the process seemed confusing and long, but Mike explained everything in an understandable way. I never felt out of touch with what was happening. I felt secure that Mike was being my advocate.

Selling a house is no easy task in any economy. I truly appreciate Mik's knowledge and hard work in helping me get back on my feet financially and getting my house sold.

Thank you!

Sincerely,

Maria G.