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Hi. I am Mark Alan Adams, the owner of the Mark Alan Adams short sale team. We are Orlando’s premier short sale team. I wanted to chat with you at present regarding choosing the right short sale agent.
Firstly, I’d like to tell you one thing that you should be aware of. Be conscious of investor parties that get in touch with you with a cash offer. How this works is an investor will come to you, make a cash offer to your lender and get you to sign an option agreement. This agreement gives the investment group the right to market and sell your home without having any ownership interest in your Orlando home. So, they make a small cash proposal to your bank and then market the property to the public trying to sell it at a greater price, making money with the difference between their proposal to the bank and what they sell it for on the open market. They carry out 20-30 of these at a time and plan that a couple of these transactions work out. It is very unsuccessful. If someone approaches you with a deal like that I would be very careful.
Another thing to be aware of is any short sale group that approaches you touting their designations. There are a lot of distressed property designations and short sale designations. They are great, but you ought to be aware of what they are. The designation means that the realtor has gone to a one or two day class to learn about short sales. That is great, but the only real instruction in Orlando short sales is truly working them.
Most real estate specialists only accomplish two or three short sales per year. It is really not adequate to get a good education on short sales. It takes practice to be victorious closing Orlando short sales. With the Mark Alan Adams group, 100% of our company is Orlando locale short sales. Ask us about our credentials and our success rate. The industry average with short sales is 20%-50% and that is dreadful. We have the systems and experience that give us a 90% success rate. Give us a phone call.
Get more help from short sale expert, Mark Alan Adams, at Orlando Short Sale Expert presented by the Short Sale Specialists of Orlando