4 Major Roles of a Lakeland FL Short Sale Agent

4 Major Roles of a Lakeland FL Short Sale Agent 

A short sale must be handled by Lakeland FL short sale agents simply because of the experience they can bring to the table. It may entail conflicts and problems only a short sale agent would know how to address. It is just impossible to do everything on your own as a buyer or seller. Understanding what they can do for you is crucial in setting your expectations. This article will focus on the responsibilities of a short sale listing agent.

1. Setting up the property for a short sale:

Part of the agents’ responsibilities is initiating the short sale process by preparing a listing agreement, then listing the property in MLS and completing documentations for the package to be sent to the lender. Completing all the required papers might be one of the most important parts of the process, and it can be one of the most difficult too. Luckily, brokers who have had numerous experiences in handling short sales in Lakeland FL are familiar with what to do and what to prepare.

2. Coordination with the sellers:

In processing a short sale, the listing agent must work side by side with the sellers in order to submit the necessary financial documents as well as the hardship letter to the bank. The cooperation of the seller is vital in ensuring that the timeline provided by the lender is followed. Follow ups and coordination both to the seller and the lender is one of the listing agent’s top priorities.

3. Handling negotiations:

The Lakeland FL homes for sale must be listed in the market with a fair price. It is the listing agent’s job to then submit to the bank once an offer is ready, together with documents like the prequalification letter, preliminary net sheet and purchase contract. There are instances when the bank gives a counteroffer. This time, the agent must coordinate with both the seller and buyer for requirements preparation.

4. Closing:

It is the listing agent’s duty to ensure closing is in process while working with the lender, the seller, the buyer and the buyer’s agent. Deadlines must be met, therefore the agent must be mindful of follow ups to keep things going the right way. You may visit http://LakelandFL-ShortSaleAgent.com to get some more information on how the short sale process goes.

Choosing a good Lakeland FL short sale agent can actually make or break your hopes of having a successful short sale. Tasks are difficult but experience can make things easy for professionals so ensuring that you only work with the best is key.  

                                          

Call me, Petra Norris, at (863) 619-6918 or send me an email at petra@petranorris.com if you’re looking for a Lakeland Florida real estate agent with superior local knowledge, experience, professionalism, integrity, and personal service to help you sell or buy short sales in Lakeland FL.

Petra Norris, REALTOR®…

Going The Extra Mile For You!