Why You Need a Short Sale Agent to Buy a Short Sale

Top Short Sale Agent in 7 Counties in Sacramento Valley over 10 years.

Home buyers absolutely should hire an experienced Sacramento short sale agent to buy a short sale, there is no doubt about this fact in my mind. I don’t say this simply because I have listed (and therefore sold) more short sales over 7 counties than any other agent, which makes me the top Sacramento short sale agent in this area. By a wide margin. I say this because agents who don’t deal much with short sale banks and are not on top of the new laws, are placing their buyers in a disadvantaged position.

There is a huge difference between an agent who has sold 5 short sales, one every other year, and a short sale specialist who has amassed almost 400 sales in this arena over the past 10 years. I am constantly amazed when talking to buyer’s agents about the intricacies of short sales how little agents know as opposed to how much they THINK they know. Just because one bank in one short sale handled a situation in X manner has no bearing on a different short sale.

Yet, that doesn’t stop these guys from claiming to be an expert in an area in which they have almost no expertise. I call that a distorted reality, like the state of mind where Donald Trump resides.

I can tell so much about a short sale just by analyzing public information. There are some short sales in Sacramento that are not short sales. Oh, yes, they might be listed in MLS as a short sale, but they are not, for a plethora of reasons. By calling the Elizabeth Weintraub Team, buyers can lessen the chances of going into escrow on a home that may not, under any circumstances, close.

In fact, just this morning a preapproved buyer called about a short sale in Sacramento after reading an article I wrote for The Balance about hiring a short sale agent to buy a short sale. I made excellent points about not hiring some Joe Schmo without short sale experience. And it’s a good thing he contacted me. The short sale he is considering has no photograph in MLS (which is a violation) no marketing comments, and the price is jacked up two hundred grand from last year’s canceled listing.

Which is only the tip of the iceberg. Without going into detail about the financing, and the subsequent short sale bank, we might very well save this buyer from disaster. It’s a good thing he called a short sale agent to buy a short sale. You can call, too; call Elizabeth Weintraub at 916.233.6759.

Chart: Trendgraphix, used with permission