Consulting a Temecula Short Sale Expert is the Most Important Step in your Temecula Short Sale Guide.

For the last few years, Stefan West has specialized executing short sales for the Temecula, Murrieta, Menifee and Wildomar real estate marketplace.  That may not sound like a longtime, but three years ago was the VERY beginning of the current short sale market and most agents turned up their noses. 

After three years, I admit to getting very annoyed with many listing  brokers and buyer's brokers who really are not educated or seasoned enough to be executing short sales.  Don't get me wrong, we aren't the only show in town and this isn't an advertistement.  It is my rising concern that many sellers are picking inexperienced salesmen when they really have to have a hands on short sale professional to protect their credit and short sale process.

In the start many agents refused to sell short sales as all. By skipping out on the tougher work of a Temecula short sale, these agents really missed an opportunity to study how to deal with banking institutions, collection companies , their lawyers, recovery division, faltering financial institutions transfering homeowner loans...the whole nine yards to completing shortsales.

Too many Temecula real estate brokers are taking listings from their family or close friends and have no idea what they are doing.
Then they hire a 3rd party negotiator who almost never cares much about the end consumer because they don't even know them.  Their workspace is stacked with people who are all unknowns to them.  The least complicated file which leads to the quickest paycheck gets the attention. The tough ones can wait for due process.
 
On the other side are Temecula home buying agents putting out numerous offers on various different Temecula short sales.  They are setting up themselves for failure. They don't clarify how the process works. They don't understand how specific banks work, they don't examine a listing broker's experience with shorts sales, they just blindly shoot and never ever aim.

My objective here is to urge Temecula homebuyers and sellers to interview your agent. If you need to short sale your Temecula home, make sure an agent shows you a record of success!  Ask them to communicate the procedure, their knowledge of your specific banks, and perhaps a referral client.

On the buyer's side ask your agent how short sales operate and how the timelines work. If you don't want to include short sales, that's fine.  But if you do, you need an representative that can represent you properly. When I have a short sale listing in Temecula or Murrieta I totally examine the buyer's agent when I get an offer. They need to make sure to commuicate the suitable details and expectation to their buyer.  It does no one any good if we get acceptance and the buyer walks because they are utilizing a shotgun strategy to their purchase selection. 

Hopefully this article will give you some tools to question your prospective agent, whether selling or shopping for a Temecula short sale.  I have seen too many Temecula short sale listings.  Good luck and may your real estate targets prosper!

Stefan West, Broker/Owner of West Realty - Temecula, Murrieta, Menifee, and Wildomar Real Estate



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West Realty
30600 De Portola Rd. • Temecula, CA 92592
Phone: (951) 894-6199 • Fax: (951) 461-8799
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