Forewarning, this is a true story. It illustrates why you don’t list your short sale Forewarning, this is a true story. It illustrates why you should not list your Wellington short sale with agents who are NOT experienced in closing short sales and much less, don’t even know what a short sale is all about.

Wellington Short Sale Agent FL

We got a call from a distraught seller who lives in another state and owns an investment property that he needs to short sale here in Florida.

Here’s the story of the listing agent (not a professional Wellington Short Sale Agent) The agent who listed the property knows that the property has a tenant in it and that tenant needs 24 hours notice for showings. This agent knew this information prior to signing the listing agreement. This agent refuses to set up the showings for the owner because the agent says that is just too many phone calls to make. So the owner sets up the showings with the tenant.

My first question here is why don’t you have a showing desk to set up the showings, a virtual assistant or a receptionist to make these calls for the showings if this is too much work for this agent?

Next, the agent is NOT doing the short sale, this agent only listed the property and does not know anything about short sales nor did this agent do any preparatory work with the seller in getting him on the same page for doing a short sale. This agent did not interview the seller. This is beyond sad.

Instead this agent has some SHORT SALE company doing the short sale. But this short sale company is NOT a FLORIDA short sale company. This short sale company has only spoken to this seller once. The seller is in lis pendens. The short sale company told the seller that his lender canceled the foreclosure because he is doing a short sale! What a load of crap!

We are going to post on what attorneys say about agents who take short sale listings and know nothing about short sales next week.

So here is a seller who is in foreclosure and this short sale company nor the agent ever advised him to go seek the advice of a foreclosure defense attorney to defend him in this foreclosure suit. OH MY! MY BLOOD IS BOILING!!!!

So the agent puts this property that is in foreclosure temporarily off the market because this agent does not want to deal with the tenant and refuses to cancel the listing yet is not doing fulfilling the agents part in this entire fiasco. Does this agent not know that time is of the essence here????

Next, we checked out this SHORT SALE Company! They are not listed as a corporation in Florida. They do not have a business license here. And to top it all off-

Florida law says that you can NOT handle short sales in Florida unless you are a licensed real estate agent, a licensed loan originator or an attorney!!!! So this SHORT SALE company is illegally handling this seller’s short sale who did not know any of this.

So we have an agent who does not have a clue nor does this agent even seem to care that this man is going to lose his home to a foreclosure and a short sale company who is illegally handling or should I say NOT handling his short sale and giving him incorrect information about his foreclosure status.

How do they sleep at night?????????????

Takeaway: Use a fully qualified Wellington short sale agent when engaging in a Wellington short sale for your home. agents who are NOT experienced in closing short sales and much less, don’t even know what a short sale is all about.

 

6 Responses to Wellington Short Sale Agents Share How To NOT Lose Your Home to Foreclosure

  1. Katerina,
    You read stories like this all too frequently. Short Sale sellers need to contact an experienced Wellington Short Sale Agent to protect their interests, and get the job done right!

  2. Reading your article makes my blood boil too with steam coming out of my ears. I smell a lawsuit here.
    Sellers must hire an experienced Short Sale Agent in Wellington like you who also have the track record to prove it.

  3. Sellers really need to do their research when selecting an agent to list their Wellington Florida home as a short sale. This is just another example of how hiring experienced Wellington Florida Short Agents like you and Nestor can make all the difference in whether a seller ends up in foreclosure or not!

  4. I agree.. It is very important that homeowners choose reliable and expert Wellington Short Sale Agents like Katerina who can really help them in their situation. Thank you for sharing this Katerina, this will help many homeowners be aware of situations they can go through when they need to go through a short sale.

  5. This home owner is in a bad situation. It frustrates me that real estate agents are willing to accept listings that are out of the scope of their knowledge and ability. I hope the home owners will be able to get out of their contact, and sign with your experienced Wellington Short Sale Agents team. This sounds like it could be a serious lawsuit for the listing agent and their brokerage. Did you call the managing broker and let them know of the inappropriate behavior of their agent?

  6. Wow this is truly outrageous! I see less and less of the unlicensed companies in CA — but they were running rampant for quite awhile. Good thing she found an experience Wellington short sale agent to save her file.

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Forewarning, this is a true story. It illustrates why you should not list your Wellington short sale with agents who are NOT experienced in closing short sales and much less, don’t even know what a short sale is all about.

Wellington Short Sale Agent FL

We got a call from a distraught seller who lives in another state and owns an investment property that he needs to short sale here in Florida.

Here’s the story of the listing agent (not a professional Wellington Short Sale Agent) The agent who listed the property knows that the property has a tenant in it and that tenant needs 24 hours notice for showings. This agent knew this information prior to signing the listing agreement. This agent refuses to set up the showings for the owner because the agent says that is just too many phone calls to make. So the owner sets up the showings with the tenant.

My first question here is why don’t you have a showing desk to set up the showings, a virtual assistant or a receptionist to make these calls for the showings if this is too much work for this agent?

Next, the agent is NOT doing the short sale, this agent only listed the property and does not know anything about short sales nor did this agent do any preparatory work with the seller in getting him on the same page for doing a short sale. This agent did not interview the seller. This is beyond sad.

Instead this agent has some SHORT SALE company doing the short sale. But this short sale company is NOT a FLORIDA short sale company. This short sale company has only spoken to this seller once. The seller is in lis pendens. The short sale company told the seller that his lender canceled the foreclosure because he is doing a short sale! What a load of crap!

We are going to post on what attorneys say about agents who take short sale listings and know nothing about short sales next week.

So here is a seller who is in foreclosure and this short sale company nor the agent ever advised him to go seek the advice of a foreclosure defense attorney to defend him in this foreclosure suit. OH MY! MY BLOOD IS BOILING!!!!

So the agent puts this property that is in foreclosure temporarily off the market because this agent does not want to deal with the tenant and refuses to cancel the listing yet is not doing fulfilling the agents part in this entire fiasco. Does this agent not know that time is of the essence here????

Next, we checked out this SHORT SALE Company! They are not listed as a corporation in Florida. They do not have a business license here. And to top it all off-

Florida law says that you can NOT handle short sales in Florida unless you are a licensed real estate agent, a licensed loan originator or an attorney!!!! So this SHORT SALE company is illegally handling this seller’s short sale who did not know any of this.

So we have an agent who does not have a clue nor does this agent even seem to care that this man is going to lose his home to a foreclosure and a short sale company who is illegally handling or should I say NOT handling his short sale and giving him incorrect information about his foreclosure status.

How do they sleep at night?????????????

Takeaway: Use a fully qualified Wellington short sale agent when engaging in a Wellington short sale for your home.

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