KW Short Sales
Your Full-Service Short Sale Negotiation Partner
Congratulations on your short sale listing! We handle everything from negotiations to valuations, making the process seamless for you and your clients.
Part of KW Default Solutions
Call or Text 888-980-9820
Our Comprehensive Services
Weekly Updates
Receive detailed weekly updates by Friday evening with the most current information. No generic updates - we provide real-time progress reports that can include buyer's agents upon request.
Short Sale Valuations
We attend every interior Appraisal or BPO to ensure accuracy, and have licensed contractors ready to dispute high valuations with professional estimates.
Title Searches
We conduct thorough title searches to identify potential issues early, specializing in IRS and state lien discharges, old unreleased mortgages, and judgments.
Advanced Title Company Relationships
Work with our preferred title company locally to ensure coordination and timely turnarounds
Listing Guidelines for Realtors
List at Fair Market Value
Always list the property at what you determine to be fair market value.
Include Required Addendums
Be sure to include both the short sale addendum and as-is addendum in the listing agreement.
Upload Our Guideline Forms to MLS
Make our forms available with your disclosures in the MLS system.
Set Appropriate Timeline
Suggest a 60-90 day closing date, though we can close sooner once approval is received.
Required Documentation
Seller Documentation Requirements
We need the following documents from sellers:
- 30 days of most recent proof of income
- 60 days of most recent bank statements (all pages)
- Last two years of Tax Returns, if filed
- Mortgage statement with account number
- Hardship letter explaining the situation
Documentation for Deceased Sellers
If the seller is deceased, we'll need:
- Death Certificate(s)
- Letters of Administration naming the personal representative
- Mortgage statement with account number
- Hardship letter explaining the situation
Offer Requirements
All offers must include:
- Proof of funds or pre-approval
- For LLC buyers: articles of incorporation and operating agreement
- Wet signatures on first 11 pages unless otherwise stated
Important Things to Note
Signature Requirements
The listing agreement and any accepted offer must have wet signatures unless otherwise stated, as several mortgage companies don't accept electronic signatures.
Weekly Communication
You'll receive detailed weekly updates by Friday evening. If missing, check your spam folder. Buyer's agents can be added to updates upon request after offer acceptance.
Valuation Process
We'll have a representative present at every interior Appraisal or BPO to ensure accuracy. Please direct appraisers or BPO agents to us if they contact you first.
Our Fee Structure
We charge 1% or $3,000, whichever is greater, paid at closing only upon successful completion. If we can't get your short sale approved, there's no charge.
Frequently Asked Questions
What is the commission structure?
Commissions are to be a determined percentage ofthe sales price.
What's the recommended closing timeline?
We suggest a 60-120 day closing date, though we can close sooner once we have the approval letter.
What information will be in the approval letter?
The approval letter outlines all terms of the short sale, including information about potential deficiencies and whether the remaining loan balance will be waived.
KW Short Sales - Part of KW Default Solutions
Call or Text 888-980-9820
Download Resources - Coming Soon
Access all the forms you need for your short sale transaction. Download our comprehensive seller package and buyer service agreement to ensure a smooth process. All forms can be uploaded directly to the MLS with your disclosures.