All Forum Posts by: Stephanie T.

I was under the impression that lenders require short sale properties to be listed with a realtor. Is there any way around having to involve a realtor in this scenario?

I market to this very group and have found it to be worthwhile. Once they've lost their bankruptcy protection (or "stay") they are essentially in pre-foreclosure status. At this point the homeowner normally doesn't need permission from the court to sell their home.

Postcard campaigns have worked well for me. Be prepared to deal with a lot of short sale situations with this particular group.

Hope this helps...

Stephanie

I am a SF wholesaler in Houston. I recently had a conversation with a potential seller that led to a discussion about commercial property he owns and that he considers a headache. He just wants to get rid of the property due to complaining tenants, etc. I gather that in the past he has avoided the use of realtors, so I get the feeling he won't be listing the property.

I know nothing about commercial but I certainly don't want to pass up this opportunity. Would an option contract and assignment fee scenario work in this case? What role would I need to play in this type of transaction other than finding a buyer for this property? Any caveats, advice?

Thanks in advance for your thoughts!