Be Flexible In The Shifting Short Sale Industry

2010 July 29
by publisher

Short Sale Power Hour

Good morning! You are viewing shortsalepowerhour.com. As you might already be aware, today is mindset Monday. Today is all about mindset and the subject is something that Fred chatted about in the monthly coaching call last week. If you aren’t a part of the monthly coaching calls yet, you need to get signed up for them. It is the greatest place to ask questions and get solutions. Also, you will get our help and our opinion without holding back. Quite truthfully, we have to hold back our true thoughts on shortsalepowerhour.com so that we don’t get into trouble.

So, the theme we chatted about was being flexible. What do i mean by that? In short sale business and in life, you have to be adaptable and roll with the punches. A very sensible man has a flexible reality. The reason we say that is because stuff is continuously shifting.

If you aren’t flexible enough to adapt to the changes in the short sale business and day to day stuff that constantly change you will struggle. We aren’t necessarily talking about the new guidelines. Nevertheless, we are referring to the flexibility of working with hassles and deceit that the bank may tell you. For example, one moment the negotiator tells you that she will present the file for approval on Friday and the next instant she requests that you take away the fee off the HUD because the investor requested it. You need to be flexible enough to recognize that not everything you hear is always going to be the reality. As a matter of fact, you should possibly trust no one and validate everything from the lender. Whatever was factual yesterday, might not be the case today.

When the you get used to the working with a certain lender and then someone throws you a curveball, you need to recognize that the lender did not change its guidelines over night. Chances are that someone at the bank is not giving you the whole story.

Be flexible enough to confirm everything or be flexible enough to put a particular contract aside to work on it again tomorrow. You might discover that tomorrow, everything is back to normal.

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