Q: You said earlier that less than 20% of the short sales get approved. With those odds, why would anyone try?

 A: Although the national averages look gloomy, there is hope if you want to sell or buy a short sale. Many knowledgeable agents around the nation have much higher than average success rates.

Our personal short sale success rate now stands at more than 95%. As more agents become proficient with short sales, we believe that the national averages will improve as well.

On the other hand, consider how much smoother the process would be if the 80% that will never be approved were never submitted. The entire process would be much more streamlined and efficient.