Rainer
23,743
23,743
Calabasas, CA
Eric
Yes, we use Equator for our short sales. We like it, make the process easier and more transparent.
Jan 10, 2015 02:50 PM
Upvote
1
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Inna Ivchenko
Encino, CA
Ambassador
3,167,369
3,167,369
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville
the paperwork is likely generated by the actual lender and they are just using equator at the platform. The amount of paperwork with different lenders have varied for me even though they all used equator. But there is always LOTS of paper work with a short sale.
Jan 10, 2015 11:37 AM
Upvote
1
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Inna Ivchenko
Encino, CA
Rainer
279,878
279,878
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar
Rainmaker
630,251
630,251
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya
Rainmaker
4,800,132
4,800,132
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate
Ambassador
6,414,803
6,414,803
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671
Rainmaker
3,416,038
3,416,038
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents
Equator is simply a platform used by the banks to manage a short sale or REO sale. Banks use Equator to find agents to list with. The problem with Equator is it is very costly now to get your name associated with a zip code.
Jan 10, 2015 11:07 PM
Rainmaker
5,111,160
5,111,160
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor
I don't -- I refer out this business to a colleague who specializes in it. That way I have time to deal with the business I know well and make some money and he gets to do what he knows well and make some money. A win-win all around.
Jan 10, 2015 09:19 PM
Rainmaker
4,434,177
4,434,177
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Rainmaker
3,340,443
3,340,443
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce
Unfortunately....if you do short sales...there is no option...it can be a frustration with canned responses that do not fit a particular situation.
Jan 10, 2015 07:33 PM
Rainmaker
1,624,653
1,624,653
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA
The first time can be overwhelming, also depends who you work with your SS.
Good luck!
p.s. That's why I highly suggest AR to add an additional field where you can explain the question in more details.
Jan 10, 2015 03:27 PM
Rainmaker
4,319,773
4,319,773
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale
Heard mixed review about EQUATOR - never worked with them, though, Ginger Harper
Jan 10, 2015 12:32 PM
Rainmaker
913,238
913,238
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor
Haven't used them since last short sale. You must stay on top of every step and meet every deadline.
Jan 10, 2015 11:13 AM
Rainmaker
2,224,473
2,224,473
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO
I haven't done a short sale with equator in a long time. Right now I have a bank owned property and all the tasks go through equator.
Jan 10, 2015 10:34 AM
Rainmaker
1,085,237
1,085,237
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!
I am trying to do a short sale via Equator and the paper work is unbelievable..
Jan 10, 2015 10:15 AM