If you are interested in short selling your Las Vegas home and need to find a short sale realtor, it’s important that you hire someone that is experienced in both the real estate and short sale markets because it can make a huge difference in the outcome of your short sale transaction. If you end up hiring a short sale realtor that has little to no experience in short sales, it could even prevent you from being approved to do a short sale.

Here are some important questions to ask when searching for a well-practiced short sale realtor.

First, you can get a feel of how experienced they are by asking them how many short sales they have successfully completed. It’s important that they have negotiated and closed plenty of short sales in they past with a variety of lenders.

Second, it’s important to find out what their success ratio is. If they’ve gotten 100 short sales approved, that may make them sound like they’re good at what they do, but if the have only closed 100 short sales out of 300, that’s a completely different situation and you might want to rethink working with them.

Third, you’ll want to ask who is negotiating the short sale with the lender; a lot of times some short sale realtors may use a third party to negotiate the short sale.

Another important factor in how well the short sale realtor operates is how often and by what means they communicate with their clients. As a distressed homeowner, it’s crucial that you always know what’s going on with your short sale; if you have a short sale realtor that doesn’t contact you on a regular basis, it’s hard to know if the process is even moving along.

Last but not least, you should always ask how successful the short sale realtor is at negotiating away all deficiencies. A good short sale realtor will, in most cases, be able to get a full deficiency waived.

Short selling your home can be a very stressful process, but by doing your research and hiring an experienced short sale realtor the process can be made a little bit easier.