You should definitely use a realtor that knows short sales really, really well. Indicators would be:
– This person should have completed multiple short sales.
– This person is knowledgeable about the specific behaviors of the different banks: what they are going to tend to ask for, what have been problems with closing deals with them in the past, etc.
– Familiar with all the laws and processes of distressed sales.
If they’re not actively working short sales and
REO properties on a regular basis, your chances of closing the sale are lessened.
