In December, when the market was a little quieter for the holidays, I had the opportunity to take a 2-day class regarding short sales, foreclosures and everything you could possibly know about the marketing of Nevada Short Sales. Having been a licensed Nevada Realtor for since 1999, I've seen a lot of ebbs and flows in the market, but I am always up for educational opportunities to improve my skill base and become even more knowledgeable.
After taking this class, I was in awe of all the information I was presented with, and everything I had learned. It was overwhelming! The instructor that taught this class was a RE/MAX broker out of Chicago, and this class was specifically created for RE/MAX agents.
The class was not inexpensive - with good reason! The types of things I learned included:
- What lenders are really looking for in a short sales package
- What sellers can and cannot do in a short sales transaction
- How to negotiate with lenders
- Ways to expedite a short sale
- Ways to protect all parties to a short sale
- What every seller must know about short sales and are rarely told
- Why strong affiliations are so important
After the two day class attended by 25 agents in our office, we received the opportunity to submit our class completion certificate and transaction history so we could officially be designated as Foreclosure, Short Sale and Repossession Specialists.
Nevada Short Sales and Foreclosures are reality and will be with us for some time to come. Some experts predict that short sales in Nevada will a significant portion of our real estate market for the next 3-4 years. Realtors can either fumble through the short sales and foreclosure sales process or get educated and become the foreclosure and short sales specialist the public needs and deserves.
For more information on the Carson Valley, email me at christy@greatnevadahomes.com or visit me online at www.greatnevadahomes.com.
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Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - Realtor
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate and Northern Nevada Real Estate.
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Christianne Gordon, REALTOR®, CDPE, SFR, , PSC, e-PRO
Certified Distressed Property Expert - Short Sales & Foreclosure Resource - Pre-Foreclosure Certified
RE/MAX Realty Affiliates - Great Nevada Homes, Inc.
Direct: (775) 881-8223
Visit us online at GreatNevadaHomes.com or CarsonValleyShortsales.com
The information in Christianne Gordon's blog is deemed accurate but not guaranteed. Any individual considering a short sale should also seek independent tax and legal advice to get specific information as it relates to their personal situation. Christianne Gordon is a licensed real estate agent with RE/MAX Realty Affiliates serving the entire Northern Nevada region including Reno, Sparks, Carson City, Washoe Valley, North Valleys, Fernley, Dayton, Stagecoach, Minden, Genoa, Gardnerville, Smith Valley and Yerington.
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