Kevin and Fred are lounging on Mission Beach in the San Diego locale. It is a bit overcast on the sand, but that isn’t keeping Kevin and Fred from enjoying the shore. Since relaxing is more crucial to them than talking regarding HAFA, they have decided to make this one of the shortest short sale power hour episodes ever.
HAFA has demonstrated to be a non factor in the short sale business. Dave Sutherland at Bank of America says it HOFFA, like Jimmy Hoffa, who is not anywhere to be found. That is a good deal like HAFA, which is no where to be found. Back in March, there was a four letter label out there and other companies advertising their documentation and telling real estate agents that they need to get qualified for HAFA because it was going to be a game changer.
HAFA has not mattered at all. At this point we are on July 21st, and HAFA was rolled out on April 5th. So far, of the few hundred agents that Kevin has spoken to in that timeframe, not a solitary one has reported completing a HAFA short sale.
We are not saying that no HAFA Short sales have been completed. We are merely saying that we have not experienced it or know any agents that have experienced it. So, here is what we would like from our viewers now. We are requesting your notes under the video in at least the form of 2 records. First, how many HAFA short sales do you hold in the system. And secondly, how many HAFA short sales have you closed.
The initial month that HAFA was rolled out there were heaps of trainings to be taught about HAFA. Now those education courses are CE credit courses. It seems that all of the classes that don’t actually matter goes to a CE credit course because you would only go to it if you might actually get credit for it.
We are hosting a Crush It Short Sale Lecture in the Phoenix locale on Friday, August 13th. It’s a real life, in the trenches, information you can use, seminar. Get registered today!
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