Doug and Mark from the Real Estate News Channel reveal the findings of Fitch Ratings that clearly indicate that the key to any Realtor’s success in 2011 will be to embrace short sales and take on as many as you can!
The channel with REOs is the loss severity each the investor experiences when foreclosing on a home. Loss severity is essentially, the percentage of principle the investor will lose through liquidation. The rate of loss severity is expected to increase by 10% in 2011, further motivating investors to look at short sale transactions as a better liquidation strategy.
If you want to get back to what you love about being a Realtor, give our Director of Sales, Steve Pace a call at 949-295-5483 and he will walk you through the process of getting your first transaction in our system. You will be assigned a personal processor for each file, who will serve as your personal assistant in getting the transaction approved and ready to close. You will be automatically updated every time your file is touched in any way and you will not be charged a dime (where allowed by law. Almost every state qualifies for free processing, but verify with Steve.)
We look forward to working with you soon to bring your short sale transactions to a close!
Trent from CSSP