Be Flexible In The Changing Short Sale Industry

Short Sale Power Hour

Good morning! You are watching shortsalepowerhour.com. As you might already be aware, today is mindset Monday. Today is all about mindset and the topic is something that Fred talked about in the monthly coaching phone call last week. If you are not a part of the monthly coaching calls yet, you need to get signed up for them. It is the best place to ask questions and get answers. Also, you will get our aid and our opinion without holding back. Quite frankly, we need to hold back our true opinions on shortsalepowerhour.com so that we do not get into trouble.

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

If you are not flexible enough to adjust to the transformation in the short sale business and day to day things that continuously change you will struggle. We aren’t necessarily talking about the new rules. Nonetheless, we are referring to the flexibility of coping with hassles and dishonesty that the bank might tell you. For example, one instant the negotiator tells you that she will submit the file for approval on Friday and the next second she requests that you take away the fee off the HUD because the investor requested it. You have to be flexible enough to appreciate that not everything you hear is always going to be the truth. As a matter of fact, you should maybe trust no one and validate everything from the bank. Whatever was accurate yesterday, may not be the case today.

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

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

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