Short Sales Are Not the Ugly Poster Child of Real Estate

sacramento short saleI'm tired of short sales being regarded as the ugly poster child of real estate by ignorant people. As a Sacramento short sale agent, I know how exactly Rodney Dangerfield feels. It's one of the reasons I bought that Bash 'Em in the Head t-shirt the day Myrl Jeffcoat and I went to Old Sacramento for Gold Rush Days. Because it expresses my sentiment in words and in a manner I would never display.

We all have to get our amusement somewhere to regain our sanity. My sense of humor is perhaps a bit more twisted than most.

I've got turkey agents asking me if they can offer 30 cents on the dollar. Other turkey agents acting as though I should be grateful that their buyer even wants to shoot an offer in my direction, although that buyer has little intention of committing to the transaction. The buyer won't put an earnest money deposit into escrow nor will the buyer promise not to write offers on any other homes. Well, I've got news for ya, buddy. You're not working with a buyer. You're messing with a player. And the odds aren't very high that you'll close on anything.

Yeah, you heard me. I like the odds in my favor. In my seller's favor. I like to work with a buyer who will close escrow. What listing agent doesn't? Oh. Could it be the short sale agents who are not closing escrow? There are plenty of those turkeys to go around.

But what really floors me is when we're close to closing and the buyer whines about the keys. Or the buyer insists on bringing over a contractor so the buyer can get "an early start remodeling the kitchen." The home doesn't belong to the buyer until escrow actually closes. Have a little respect. Just because the seller moved out doesn't mean the home has been abandoned. Just because it's a short sale doesn't mean that nobody cares. It's still the seller's home until the day we get confirmation of recordation. Cowabunga.

Now, I'm gonna go beat up on a loaf of Wonder Bread as yet another of my short sales close. Take that you bread crumbs. Yup, I'm stuffing the turkey this year. It sure beats being a turkey, let me tell ya.

Happy Thanksgiving to all my friends on Active Rain.


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