Responding to a lot of mis-handling of short sale offers, I’ve been running into lately. Many listing agents either don’t know how to handle short sales or they are being unethical about the way they handle multiple offers. Multiple offers on short sales are supposed to be handled the same way you’d handle multiple offers on a regular listing. All offers are presented to the seller and the seller accepts ONE offer within a reasonable amount of time. All other offers are held in backup position only.. Many agent are playing games by keeping all offers in play until the short sale is approved or just not responding at all.

Short sales are can have complicated legal and tax implications. Always work with a Realtor who has a team of dedicated tax and legal professionals to answer your questions. Eric Edelman – Realtor and Randy Brown – Attorney, offer no obligation consultations to help determine your options.