
A part of our real estate practice is devoted to short sales. We have studied through two different schools, are CDPE (Certified Distressed Property Experts) and have a great team that enables us to work on other listings and with buyers as well.
As the result of our specialization, we develop buyer lists for buyers looking for homes in specific communities that are short sales. I ran thru the searches that were targeted to specific buyers and up pops a "Short Sale" in an area where several of our buyers are looking for homes....before I pick up the phone I do a quick CMA so I can better tout the real value of the listing to our potential buyers anxious for a short sale.
Say it isn't so......the agent BOUGHT THE LISTING !!!! Talk about distressed....I know this agent has taken people into foreclosure before.....and despite that experience...and despite what is claimed to be education....the listing is priced ABOVE THE MARKET !
It looks like a nice house...and I hope for the sake of the distressed sellers that it sells...the way to list a SHORT SALE is not to buy it from the already distressed sellers...but to price it correctly...market it fiercely and champion the negotiations and allow the seller to get on with their/his/her life...by successfully freeing them from the burden of the mortgage and escaping the horrors of foreclosure.
If you are in distress and can't make your mortgage payment....asking for education credentials is not enough...you want to know what is the record of the agent who is a short sale expert...How many homeowners have they saved from foreclosure ? Did they offer you references ....could you talk to the actual people ? You can't be too careful when it comes to the rest of your credit life....being able to start over....sleep nights and live happily ever after.

I always find it amazing how many people don't ask for references from people that they hire, regardless of what they hire them for.
References are a good thing...should be a common sense thing...but then...common sense seems to be in short supply these days !