Thursday, September 25, 2014

Questions to Ask A Short Sale Agent In Naperville

Questions to Ask A Short Sale Agent In Naperville


If you are considering something as serious and as complicated as a Naperville short sale, it is necessary to seek the help of short sale experts.


What you need to ask your Naperville Short Sale Agent


There are many short sale agents out there, and having too many options can get confusing and overwhelming.

Here are some questions you should ask a prospective short sale agent before hiring him or her to sell your home as a short sale:


  • How many short sales did you close last year?
It’s easy for agents to take on many short sale listings but it’s tough to get these short sales approved by the lender and closed. Since your goal is to successfully close your Naperville short sale, then the agent’s closing ratio is very important. The average success rate in closing short sales is said to be between 15% and 45%.

  • Are you personally involved in the negotiations or will you hire a negotiation company?
  • Do you have a team or do you work alone?
  • Do you make phone calls yourself?
  • How often do you plan to update me?
  • How long does it usually take to wait for an approval from the different banks?

Listen carefully to the agent’s answer to this one as it will show you his or her relationship with your lender.


While interviewing the agent, check their facial expressions and behavior as they answer your questions. Their answers will help you find the most experienced and best Naperville short sale agent for the job.



If you are ready to do a Naperville short sale call me, Teresa Ryan, a certified short sale agent at 630-276-7575.  As Broker/Owner of Ryan Hill Realty - www.RyanHillRealty.com, I have the qualifications, experience and tools to help you sell your Naperville short sale home.



Teresa Ryan
Broker/Owner, CDPE
Ryan Hill Realty
1001 E. Chicago Ave., Ste. 103
630-276-7575
Teresa Ryan | Ryan Hill Realty | Naperville IL Homes For Sale

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