Short Sales and Foreclosures

Here’s the myth…”If I have the listing agent write the offer, I’m going to get a better deal on the home.” This is absolutely false for a number of reasons.

1. The agent represents the Seller and the Seller only. They have no responsibility to you.
2. The listing agent doesn’t want to bring a low offer to their sellers, so they will push for a higher initial offer from you.
3. The listing agent is not allowed to disclose items to you that would put the seller at a disadvantage in the negotiation. You’re on your own.
4. The agent who is represents the seller is presenting the offer to the seller. You are not represented in the transaction.

Here’s the myth…”If I have the listing agent write the offer, I’m going to get a better deal on the home.” This is absolutely false for a number of reasons.

1. The agent represents the Seller and the Seller only. They have no responsibility to you.
2. The listing agent doesn’t want to bring a low offer to their sellers, so they will push for a higher initial offer from you.
3. The listing agent is not allowed to disclose items to you that would put the seller at a disadvantage in the negotiation. You’re on your own.
4. The agent who is represents the seller is presenting the offer to the seller. You are not represented in the transaction.

So, what is a VIP Buyer anyway? The simple definition is a buyer who can close the sale and proves it with documentation when they write an offer. Why is this important? IT WILL SAVE YOU MONEY!