I used to think it went without saying that you MUST attend the bank valuation or BPO when it occurs on a short sale listing. I think one of the biggest mistakes a list agent can make is not attending the valuation, but unfortunately I still see some agents not make the effort to be […]
Just because they are a lawyer, doesn’t mean they are a GOOD NEGOTIATOR. I’m not here to down lawyers, because my company doesn’t survive without them. We get a ton of referrals from law firms, Realtors, etc., however, all of the law firms we work with serve in an advisory role while we do the negotiating. We’ve seen law firms negotiate and many are excellent at paper pushing and not good at understanding market value, BPO’s , investor guidelines, etc. They can be SLOW. If it is a boutique law firm that only specializes in short sales, you may be in a better position, but if it’s a law firm that just added short sales onto their menu of countless other services, just be careful.