Preserve The Right Viewpoint with Short Sales
We have all heard stories of records being lost and banks not returning telephone calls. It is key to remember that the lenders are besieged with short sale records and they are frequently doing the best that they can do. Here is an example of just one situation that Brian Gubernick encountered with a popular bank. In calling this particular lender, Brian discovered that the staff member who was dealing with his folder had more than 300 records on his desk at the present time. The bank employee also was proud that he had achieved his best thirty days ever, closing thirty short sales. What does that tell you? Essentially, the lender is closing ten percent of their short sales. So, you better work hard as an professional to be 1 of the ten percent that get closed.
Trent Chapman has seen comparable results when he speaks to banks. There are between 300 and 500 folders per negotiator in the majority of lenders, while Trent does not permit his staff to keep more than fifty to 70 per person maximum. So, there is a genuine concern that the banks do not have the staff to deal with the short sale files that they are getting.
In Kevin’s talk with a manager at Citi, he found that the Citi negotiators carry anywhere from 330 to 350 folders. They start getting bonuses when they close thirty or more files per month. So, they are just expected to make a choice on ten percent of the folders in front of them. Check out the video to be told more.
http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.
Get powered up by Kevin and Fred at http://shortsalepowerhour.com/trent-chapman-brian-gubernick-short-sale-power-hour-03-10-10/ title=”Trent Chapman & Brian Gubernick”>Short Sale Power Hour by the Short Sale Specialists of Arizona
