Short sale listing price question

[Geoff S.]

I have searched for an answer to this question but can't seem to find a response. When a seller decides to list their property at an amount less than what it is mortgaged for, who chooses the original listing price? Is the lender ever initially involved with this decision? Never been through the process so just seeking some understanding

[Phil Z.]

I hear the same things all over the country including my area.

The Short Sale Process does not change by location, the banks are the same.

[For the most part] It boils down to bad experiences with listing agents who have no clue what their doing.