Top Ten Tips from my CDPE class

 

1)      Complete more short sale deals by taking the Certified Distress Property Expert class & learn to properly package, present, and promote the offers.

2)      Submit only one offer to the lender (put this verbiage in MLS).

3)      Obtain more showing by promoting the designation (put this fact in MLS remarks).

4)      E=MCC think like Einstein. Watch the sellers: expectations, motivation, cooperation, and communication.

5)      Consider obtaining a retainer from the seller (skin in the game).

6)      Make sure the initial HUD-1 allows for delays & surprises.

7)      Pre-qualify the seller: Is there really a hardship?

8)      Obtain written permission to reduce the price every two weeks,

9)      An incomplete package/proposal is a major reason short sales are delayed/declined.

10)  Check the preliminary title report every 30 days.