Talking sellers in a short sale situation out of working with there current realtor?

[Sydnie E.]

Hello BP,

I've come across many individuals that have short sales. The problem is that the seller of the homes have contracts with realtors. What are some of the pointers that have worked to convince a seller to cancel their contract and commit to your seller financing terms etc? Many will ask that I talk to their realtor even though I explain that I'm an independent investor? If you have any pointers I am open to all.

Thank you,

Sydnie

[Wayne Brooks]

Normally it wouldn't be in their best interest to enter some deal with you, as opposed to completing a short sale. What exactly are you offering them? If they're in foreclosure, which most are, and100k upside down how are you going to help them? How much cash are you willing to put up to bring their loan current? What happens of you can't rent it, or have some major repair later? What's Your exit plan?