Comments on: Short Sales are “Liar Listings” on the Twin Cities MLS

By: Recent Links Tagged With "foreclosure" - JabberTags

Recent Links Tagged With "foreclosure" - JabberTags — Wed, 31 Dec 2008 04:19:12 +0000

[...] and Charting the REO Trend. Lord of the Mortgages. Saved by lipkissez93 on Sat 27-12-2008 Short Sales are �Liar Listings� on the Twin Cities MLS Saved by Xenium on Tue 16-12-2008 Email Scams Saved by lalai on Tue 09-12-2008 Foreclosures [...]

By: Bookmarks about Ethics

Bookmarks about Ethics — Sun, 26 Oct 2008 00:45:24 +0000

[...] – bookmarked by 4 members originally found by lilyng on 2008-10-10 Short Sales are �Liar Listings� on the Twin Cities MLS http://www.twincitiesrealestateblog.com/2008/short-sales-are-liar-listings-on-the-twin-cities-mls/ [...]

By: shashindra

shashindra — Tue, 07 Oct 2008 13:21:21 +0000

Always a �Liar Listing� – no, check it out. Having said that, it would be excellent if there could be a way to designate the �short sale� and a way to make sure the agent had done due diligence before listing the �short sale�.

By: House Extension Specialists

House Extension Specialists — Thu, 02 Oct 2008 12:38:54 +0000

It is the matter of ethics, this sort of practice creates a false impression to the buyer and not good for the market too.

By: Michael Sluis

Michael Sluis — Sun, 28 Sep 2008 02:13:14 +0000

This is a good article on what to expect and how to compare. I plan on writing a post on my blog, http://www.askthemortgagebanker.com, for Realtors on how to present an offer the bank. Many are so green and even the most experienced Realtors don’t know the behind the scenes requirements. Who all has to sign off on an offer (it can be many) and so on.

By: Aaron Dickinson - Edina Realty

Aaron Dickinson - Edina Realty — Mon, 01 Sep 2008 13:52:12 +0000

True, there are a few agents that really do get it right however the vast bulk are doing it wrong. I wanted to focus on the general issue but you are right, there are exceptions to every rule.

By: Louise Speck

Louise Speck — Sat, 30 Aug 2008 04:32:21 +0000

“Liar Listings” – That may or may not be the case. There are agents in the Twin Cities who are knowledgable and ethical who have helped the Homeowner/Seller negotiage the price prior to listing the home as a “short sale”. It takes time and effort for an agent to learn how to work with the “bank” but it can be done and if the agent doesn’t know how to properly prepare and doesn’t want to put in the effort then they really should refer to someone who is knowledgable. Always a “Liar Listing” – no, check it out. Having said that, it would be excellent if there could be a way to designate the “short sale” and a way to make sure the agent had done due diligence before listing the “short sale”.

By: Jonathan Christopher

Jonathan Christopher — Wed, 27 Aug 2008 21:25:10 +0000

Some agents really get crazy and drop the price way down to solicit an offer but this creates a false impression to the buyer. Short sales don't typically get accepted if they are 50% of the current market value. Shame on the agents that are ignorant to the process and are trying to seem knowledgeable. Jon Christopher of Short Sale Way