Realtors

 

 

 

 

 

 

 


Fees
If you are taking Short Sale listings, have the confidence in knowing that we are behind you. From the initial Listing price to the final closing HUD we will advise, instruct and support you to ensure that the transaction goes through.

If you are a Buyers Agent in a Short Sale transaction, make sure your offer has an addendum authorizing us to negotiate the Short Sale. (download in Education section of this site)

  • 50% Referral Agreement for listing side of commission from any Licensed Real Estate Brokerage Firm. To our Brokerage Partner (download in Education section of this site)
  • Non-Licensed referrals please contact us for engagement requirements.
  • Up to $1,500 Negotiating fee will be charged to the Sellers side of the HUD if approved by the Lender.

The short sale horror stories you might have heard are true:

  • Lender rejects HUD the day of closing
  • Buyers walk away because it takes so long to get approved
  • Seller is difficult or did not tell the "whole truth"
  • Every call to the Lender takes hours and nothing gets accomplished

If you have tried short sales yourself, you probably learned that it is virtually impossible to be a successful REALTOR and Short Sale Negotiator at the same time. Even the time spent on hold with Lenders, takes away from your business
as a REALTOR.

We estimate that Short Sales are currently 60-70% of all Real Estate transactions. By year end we project the number might be as high as 80%.

The industry lost a lot of Real Estate Agents and Brokerages last year, and if your staying in the game Short Sales will be a part of your business plan. The Benavente & Kornitzer Team is a professional negotiating team of real estate professionals, designed to help you close Short Sale transactions.

Initial Hints for REALTORS
Check the Education section for complete details.

  • Listing Agreement should authorize you to "adjust listing price without
    further notice"
  • Public advertisements (MLS) must include Short Sale and commission disclosures.
  • List price must be what the Seller owes + closing costs
  • Never have the Seller sign an offer until the Lender demands it
  • Never have the Seller sign more than one offer
  • Check with your B&K Negotiator before any price adjustments