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Results 1 to 4 of 4
  1. #1
    coldsteel2112 is offline Renter
    Join Date
    Sep 2011
    Posts
    2

    Default Short Sale, zero follow up from realtor

    Here is the situation:

    Jan 2011 I decide to short sell my home. Realtor gets an offer within several weeks and all the paperwork is submitted to BofA. Months pass and eventually they reject the short because they wanted me to contribute money. The Realtor says that he tried to convince them that I didnt have the money based upon my "situation", but they rejected anyway.

    May 2011 we get a new offer and this time Realtor goes through the HAFA program. Again, all paperwork is submitted, and (from what he claims) BofA accepted the short, but now its up to the HAFA program to complete the process.

    We are still waiting as of today. I've been told about half a dozen times since August that "he should be getting an answer in a few weeks" to "he should be getting an answer in a few days". He tells me that he will call me either way, but he has never followed up on calls. In fact, he said he would call on Sat as last week he was going to get an answer, never did. I called him on Monday, left message, never called back.

    I'm hoping for the best, but fearing the worst now. I have no proof that he's doing what he says he's doing. I do have the signed offers by the buyers, so I know something is going on, but I just don't have any real assurance that anything is getting done.

    So, what can I do? I don't want to make a huge deal because I know how much time this can take. But is there anything I can ask him to produce to show me that everything's been submitted and "in the works"? Can I call HAFA or look up online somewhere to see something pending?

    Really could use some guidance here. Thanks.

  2. #2
    Greg is offline Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,281

    Default

    zero follow up from your realtor?

    If you have had zero follow up from your real estate agent how he has been able to find 2 qualified buyers for your house?

    Even after the first deal died because of your financial situation he hung in there and now he is 3/4 of the way through the second deal and you want to call his work ethic into question.

    With all the time has has already spent helping you out of your financial quagmire he is probably lucky to be making minimum wage if the property closes.

    Ask his broker in charge if everything is ok, maybe he is sick.

  3. #3
    coldsteel2112 is offline Renter
    Join Date
    Sep 2011
    Posts
    2

    Default

    Hold your horses there, Hoss. Look at it from my perspective.

    Nearly every call for follow up has been originated from myself. If the guy said to me, "Look, I can't give you any info until I hear back from these guys", that would be completely fine with me. But I don't. I'm told "should be any day now, I will call you (this day)" and I don't get a call. This has been going on since the start.

    We're told to "Trust, but Verify". I trust the guy, because like you said, he's hung in there. But at this point I feel it's in my best interest to verify what's been done.

    So, back to my original question, how can I verify what he says has been done has actually been done?

    BTW, this is his own company, so he's the boss.

  4. #4
    homesforsaleinregina is offline Fixer Upper
    Join Date
    Sep 2011
    Posts
    20
    Blog Entries
    4

    Default Call him

    Expecting some follow-up is not unreasonable, but it also isn't too much for you to just make a call to see what's going on. Yes, it'd be nice if the realtor would be more communicative, but it doesn't necessarily mean he's not doing work for you.

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