The Short Sales Process: Illustrated

I thought I'd try and illustrate the process, just to give real estate agents some visual reference point. I'm a visual person, and for me: this is best.

I just need to see how well this is going to work out....(Click it to see it in its full size).


Hopefully everyone can see that ok. The timeline reads from left to right, across the bottom, approximating a 60-90 day cycle for short sales.

I break it into three "phases" or periods, the first being the preparation phase, where we collect as much information as possible as we prepare to make the most of the next phase: negotiation.

At this point there's a lot of interaction between my team (Short Sale Connections) and the lender (or lenders), and how well we do during this phase depends upon a lot of factors, which I'll describe in another blog post.

Finally, closure. The thing we've all been waiting for.


Ok, look that over and I'll post some blogs for each one of the above steps.


Nick.