Changes for Buyers of Short Sales in Atlanta
January 28, 2010 by Matt Newman · Leave a Comment
One thing in real estate that is constant is change. Our primary MLS here in the Atlanta Metro, FMLS, has released a series of changes that will impact how buyers and real estate agents search for short sales. The new options that have been added to listings are:
1.) “possible short-sale” or 2.) “short-sale approved”
This issue is that most agents will not go back in to already listed properties to select one of the two available options. These changes, like most changes, will take time to become widely used by agents in the field. Previous to this change, the only way to find short sales in our MLS was through scrubbing the descriptions to look for the words “short sale”. This will remain the primary way to search for short sales for the next several months. Our site offers one of the few complete short sales searches currently available.
If you are in the market to purchase and are looking to take advantage of the current market, start your short sale search here: SEARCH ATLANTA AREA SHORT SALES.
