Hula and The Real Estate Market Today

Yes, buyers are getting so frustrated with the Short Sale process. The price is what draws you in but the timeliness just steals all the excitement especially for first time home buyers.

My young first time home buyers were especially good about shopping for property before calling me, and I enjoyed working with the two of them (remembering my first home buying experience). The first property we put an offer in fell out because the seller decided at the last minute not to sell after-all. We were all disappointed since it was a very nice townhome. The 2nd property we placed an offer on was still in the banks hands to decide what they would accept. We offered the asking price and the bank decided they wanted more, so it was another disappointment for them. The last and final property we offered the asking price as well but since the short sale lender had all the time in the world, days turned into weeks into months and that was the final straw for my young couple. I couldn't blame them we had been trying for several months but the short sale process had too many stops and road blocks. Unfortunately it makes me the agent look like I'm not doing my job (not so, the behind the scenes work that the client never see's) so they decided to go with another agent, a friend of the family. Even though it's been a few months I still feel badly, if I didn't get attached and put my whole heart into the process I guess it wouldn't bother me so much.

I noticed in my Realtor newsletter that many are pushing and pursuing a Short Sale Process that we can all live with, I'm very much hoping for that to happen. I do not want to loose another client to a Short Sale.

Dee