No Hassle Short Sales

How To Maximize Your Success with Short Sale Opportunities : 

How To Maximize Your Success with Short Sale Opportunities Get Paid Fabulous Referral Commissions From Your Short Sale Listing Opportunities….While Dealing With No Sellers, Agents, Buyers, Paperwork and With No Talking to Banks! The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales Short Sales Opportunities Are Everywhere, But Very Few REALTORs Truly Are Making Money From Them! How many agents have short sale listings? How many agents have walked away from short sale listings? How many agents have successfully negotiated and closed a short sale…yet promised to NEVER do that again? The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales Did You Know? Average broker or agent closes 10% of the short sales they attempt (according to NAR) Foreclosures are at an all time high YTD more than 50% of all sales were some type of “distressed” property (foreclosure or short sale) If you are not pursuing short sales or short sale leads, you are missing a huge portion of an otherwise slow market The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales Top 5 REALTOR Complaints About Short Sales "The Bank makes me discount my commission".  "The Bank will not do anything with my short sale UNTIL I have an offer!"  "No serious buyer wants to make offers because it is a short sale and most agents and buyers don't have the patience to wait!"  "Assuming I get an offer and send it to the bank, by the time I get an accepted short sale (if at all) the buyer is gone and I have to start all over again." "I am spending all my time calling Countrywide (or fill in the blank) with little results, while I could be prospecting or working with buyers or sellers" The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales The Atlanta Stop Foreclosure Team If you list the home yourself and use a traditional approach to short sales, you probably only have a 2 in 10 chance of finding a buyer and ultimately only a 1 in 10 chance of getting that buyer to the closing table!!

No Hassle Short Sales : 

The Atlanta Stop Foreclosure Team No Hassle Short Sales It’s pretty clear why most agents have only a 10% chance of success in getting short sale listings to the closing table:

No Hassle Short Sales : 

No Hassle Short Sales It’s time to try a different approach and improve your odds of earning a commission! Don't list property and wait for a Buyer Don't deal with the hassles of taking back up offers in case the first buyer “walks” or fielding Co-Op calls repeating the same story as to status. Do stick to your core competency, which is not calling banks and checking status of your Short Sales. Do capitalize on a huge part of the current market! Do make a fabulous referral commission on each Short Sale transaction that you refer. The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales The Atlanta Stop Foreclosure Team Speaking of Commissions….which of the two compensation models below appeal the most to you? * All of the work and all of the hassles * * None of the work and none of the hassles

No Hassle Short Sales : 

No Hassle Short Sales Our goal is to create a WIN‐WIN for all parties, including you! Here’s a comparative example of what that could mean to you and your business: The Atlanta Stop Foreclosure Team (Commission dollars shown are hypothetical and are included for example purposes only. In actual practice , commissions are set by agreement between seller and broker. This example is in no way to be interpreted as setting commission percentages between brokerages)

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So, what’s different in our approach to Short Sales versus the traditional approach? The Atlanta Stop Foreclosure Team

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The Atlanta Stop Foreclosure Team So, what’s different in our approach to Short Sales versus the traditional approach?

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The Atlanta Stop Foreclosure Team What does this transaction process look like? Hardship Short Sale Homeowner A B C Lender Approved Short Sale to Investor (discounted from market value) Investor Sale to End Buyer (below market value) Two separate, stand alone transactions Typically closed within the same day Each is closed with independent funds A to B closes first Everything is done with full disclosure to all parties - short sale lender, ‘C’ Buyer and their lender (if not a cash sale)

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The Atlanta Stop Foreclosure Team Recognizing that there are a lot of “moving parts” and much to digest, to summarize: Investor Makes an offer on property immediately.   Typically stops foreclosure proceedings and harassing calls from banks. Has a different mentality and patience than a whimsical retail buyer  Can close within days after lender approves short sale

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The Atlanta Stop Foreclosure Team Recognizing that there are a lot of “moving parts” and much to digest, to summarize: Negotiator   Core competency.  This is their full time job Understands and has experience at loss mitigation and knows what is required to expedite a short sale  Has contacts at lenders who can help getting through to the right person and get things done Stays current on short sale trends and uses innovative methods and tricks to ensure success Will work to minimize seller liability as result of the short sale – i.e. deficiency judgments.

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Recognizing that there are a lot of “moving parts” and much to digest, to summarize: The Atlanta Stop Foreclosure Team Agent  & Commission Significantly higher probability that short sale transactions will close and commissions will be earned Refer short sale opportunities and get paid more than if you were to list the property AND without doing any work. Model allows us to compensate with a referral fee greater than what your listing commission would have been, because we control both sides of the transaction. Allows you to stick to core competency.  Focus on finding more leads and referring them, making more money than you would if you worked with short sale sellers directly

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List Price: $175,000 Foreclosure Needs $40,000 rehab work List Price: $190,000 Potential Short Sale Property in good condition Lender will sell for…??? Lender will approve sales price…when? Sale can close…when? Average Sales Price in the Area is $200,000 List Price: $180,000 Approved Short Sale Property in good condition Can close immediately Here’s a practical example of the power of this approach. Which property below will be most attractive to the buying public and will have the shortest “shelf life”? The Atlanta Stop Foreclosure Team

No Hassle Short Sales : 

No Hassle Short Sales Next Steps Do you have any current short sale candidates that qualify? Can you remember any short sale opportunities that you may have passed up or expired? Do you know of any other agents that may have short sale leads? Be aware of short sale opportunities - they are everywhere Contact us by e-mail or phone as soon as you indentify a short sale lead opportunity and we’ll take it from there: Refer@NoHassleShortSales.comspace or space 404-939-2162 The Atlanta Stop Foreclosure Team