In today’s extremely sensitive market, real estate professionals need every tool at their disposal to close transactions. With the devastating drops in home values, Short Sales are being used more and more as a means of deflecting the harm caused by foreclosure to the homeowner and lender alike. Unfortunately, Short Sales have traditionally been burdensome, time consuming, and prone to stalling before closing.
Further complicating matters is the conflict of interest inherent to the process. The bank negotiators who oversee Short Sales know that the commission the Realtor is making from the sale is ultimately the responsibility of the bank. The process can be hampered by unnecessary requests that stem from this adversarial relationship. Because Turning Leaf Advisors is a neutral third-party, we can diffuse those tensions and navigate the murkier waters.
By focusing exclusively on Short Sales, we have been able to finely tune the entire process so effectively that not only are the odds of a closing increased significantly, but much of the time the broker receives 100% of the original listing percentage commission. Using a proprietary document-management system called Short Sale Builder (SSB) and leveraging the experience and relationships built from negotiating thousands of Short Sale transactions, TLA is uniquely positioned to create a winning scenario for everyone involved.
Once we begin a case, we will handle everything in the Short Sale process, from making sure all of the necessary documents are included and submitted to the lender, to handling the coordination between the escrow and the bank. Because communication is the key to these complex deals, there are a number of elements built into the SSB which facilitate and automate the process: 24/7 web access to all pertinent information, email updates regarding activities and tasks being completed, and a fax server for distribution of documents, among other powerful features.
Because of the relationships forged through the tremendous number of Short Sale transactions facilitated by TLA, we are better able than others to hasten the Short Sale approval timeline toward positive outcomes. We count as allies most of the major banks in the nation.
We have closed over $100 million in Short Sale transactions and we are looking forward to helping you navigate the Short Sale process. With TLA on your side, you will have more time to cultivate business and sell homes. By marketing yourself as a Short Sale expert with the backing of TLA, you will be able to increase your earning potential and grow your business. Not only will you be the person trying to sell their home, but you will also be a valuable resource for them as they go through this difficult time in their lives.
TLA charges a 1% fee to negotiate a Short Sale, with a minimum of $2,000 and a maximum of $6,000. Sometimes the listing agent pays the fee, other times the buyer’s agent does, or sometimes it is split between the two. In other situations, the buyer or seller agrees to pay for our services. Ultimately, our fee can be paid from a variety of sources to maximize the realtor commissions.
Through our affiliation with the Carl Group in Orange, CA,we are now able to offer negation services that comply with recently enacted legislation in California.
Ready to get started? The first step is downloading TLA’s Short Sale Package.
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Real Estate Broker/Agent Short Sale Negotiations
In today’s extremely sensitive market, real estate professionals need every tool at their disposal to close transactions. With the devastating drops in home values, Short Sales are being used more and more as a means of deflecting the harm caused by foreclosure to the homeowner and lender alike. Unfortunately, Short Sales have traditionally been burdensome, time consuming, and prone to stalling before closing.
Further complicating matters is the conflict of interest inherent to the process. The bank negotiators who oversee Short Sales know that the commission the Realtor is making from the sale is ultimately the responsibility of the bank. The process can be hampered by unnecessary requests that stem from this adversarial relationship. Because Turning Leaf Advisors is a neutral third-party, we can diffuse those tensions and navigate the murkier waters.
By focusing exclusively on Short Sales, we have been able to finely tune the entire process so effectively that not only are the odds of a closing increased significantly, but much of the time the broker receives 100% of the original listing percentage commission. Using a proprietary document-management system called Short Sale Builder (SSB) and leveraging the experience and relationships built from negotiating thousands of Short Sale transactions, TLA is uniquely positioned to create a winning scenario for everyone involved.
Once we begin a case, we will handle everything in the Short Sale process, from making sure all of the necessary documents are included and submitted to the lender, to handling the coordination between the escrow and the bank. Because communication is the key to these complex deals, there are a number of elements built into the SSB which facilitate and automate the process: 24/7 web access to all pertinent information, email updates regarding activities and tasks being completed, and a fax server for distribution of documents, among other powerful features.
Because of the relationships forged through the tremendous number of Short Sale transactions facilitated by TLA, we are better able than others to hasten the Short Sale approval timeline toward positive outcomes. We count as allies most of the major banks in the nation.
We have closed over $100 million in Short Sale transactions and we are looking forward to helping you navigate the Short Sale process. With TLA on your side, you will have more time to cultivate business and sell homes. By marketing yourself as a Short Sale expert with the backing of TLA, you will be able to increase your earning potential and grow your business. Not only will you be the person trying to sell their home, but you will also be a valuable resource for them as they go through this difficult time in their lives.
TLA charges a 1% fee to negotiate a Short Sale, with a minimum of $2,000 and a maximum of $6,000. Sometimes the listing agent pays the fee, other times the buyer’s agent does, or sometimes it is split between the two. In other situations, the buyer or seller agrees to pay for our services. Ultimately, our fee can be paid from a variety of sources to maximize the realtor commissions.
Through our affiliation with the Carl Group in Orange, CA, we are now able to offer negation services that comply with recently enacted legislation in California.
Ready to get started? The first step is downloading TLA’s Short Sale Package.
Download Short Sale Package