Further Evidence of the Short Sale Debacle

I had this conversation on Twitter today and had to share it as further evidence of the common problems we see in the marketplace when it comes to the handling of Short Sales.  In case you are not familiar with Twitter, it’s a social media and micro-blogging platform.

The banks aren’t improving things for the local housing market, their other local assets, or the housing recovery itself with this methodology.  But, this conversation serves to continue to illustrate my point about the short sale crisis and its impact on the overall health and stability of our marketplace.  Love to hear your thoughts.

Market changing indicator?

Short Sale Twitter conversation

Twitter conversation on Short Sales

Twitter conversation on Short Sales

Twitter conversation on Short Sales

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  1. [...] Banks will ask the listing to remain Active after an offer is submitted.  Note the conversation with this agent on [...]

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