Short Sales/Foreclosures
MG1 Role In A Short Sale
Short Sale Q&A
Glossary of Terms
  MG1 Role In A Short Sale

One of the major roles that MG1 will play in the assistance of your short sale is in negotiations with the banks. While there is a perception that short sales can take many months, sometimes even years, the reality is that if you have the right representation this process can sometimes be completed in days.

Finding a qualified buyer is very important along with the negotiations. Many times having the buyer ready, willing and able to close will make the banks respond quicker so that the potential buyer is not lost. MG1 has been very successful in various markets finding quality buyers for all types of property. Through web-marketing, direct mail campaigns, use of our existing client databases and our experience working with the general real estate market, finding qualified buyers in a timely fashion has been one major key to our success.

In addition, many buyers will shy away from short sales, fearful of the process; however, MG1 has established itself as an industry leader providing confidence to other brokers and individual buyers attracting even those who may have shied away otherwise.

When MG1 takes a short sale listing we analyze the situation and the property, giving you an unbiased view on the potential for succeeding with the process. If MG1 feels that a short sale has a viable chance, our agents will take you through a complete and required document package allowing us to quickly execute a marketing plan, bring buyers to the table and ultimately negotiate a successful transaction.

MG1 is well versed in this practice. Our experience has enabled many relationships to blossom throughout the years and as a result of these relationships, we are able to provide a smooth and timely transaction during what can already be a stressful situation. By successfully completing so many transactions and training every staff member to be detail oriented and precise during every submittal, many banks have recognized our proficiency thereby pushing MG1 to the top of the industry.

 
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