Buying a property that requires short sale approval can be a frustrating experience, especially when the listing agent doesn’t have a track record of success in Short Sales. You are putting your trust in your agent to educate you as much as possible about how short sales work and what to expect, but if your agent has no experience listing and negotiating short sales, then it’s likely that they won’t know the important questions to ask the listing agent representing the seller of the house you’ve chosen to purchase.
Every listing agent who claims to be a short sale “expert” or “specialist” (a hazardous claim for many) should be able to carry on a dialog about the following questions. If they aren’t able to do so, then you might want to move on to another property.
Top Questions Your Agent Should be Asking the Listing Agent