Members have been asking us,“Can you help? We’re losing luxury listings to short sale agents who don’t understand how to market luxury homes.”
So… although Leaders in Luxury will be back in 2010, this year (in response to member requests) we’ll host a special meeting through our new ILHM Center for Asset Preservation division:
October 7 - 8
Houston, Texas
Hilton Post Oak Hotel
Even if you are experienced with short sales or have already earned a short sale or distressed property designation, you'll want to attend this event. This is the industry’s first Short Sale training covering government’s new Making Home Affordable Program, which totally changes the rules for short sales (and the whole foreclosure/foreclosure avoidance process).
With jumbo loans defaulting at twice the rate of conforming loans and almost half of residential sales falling into the distressed category, understanding how to make short sales successful at all price points is more important than ever.
Just to give you an idea how different the new standard MHA process is:
- There is now only ONE point between default and foreclosure when a short sale will even be considered.
- The loss mitigator approves the short sale attempt in advance.
- The loss mitigator sets the list price.
- Whoa! Those are big change and that's just the start! There's good news about the commission...
This two day meeting will:
- Provide the Institute’s usual great networking.
- Give you the information you must have about the government’s New Making Home Affordable program which covers 9 out of 10 loans, totally reinvents short sales, and is mandatory.
- Arm you with the checklists, forms, web links and other required tools for successful short sales, regardless of price (there will be special info on luxury short sales).
- Provide you with first hand advice from servicers’ loss mitigators.
- Give you essential information on luxury short sales, to help ensure that you don’t lose luxury listings to “short sale" agents!
- Reward you with a Short Sale Achievement Certificate
- Texas agents receive 15 hours of continuing education credit
On both days, you'll hear from speakers and panels of officials, loss mitigators, and other agents. You'll have the opportunity to network and will leave having earned a Short Sale Achievement Certificate from the ILHM Center for Asset Preservation, indicating you have received Making Home Affordable training.
This event is open to both Members and non-Members, so bring your whole team.
More info on the CAP Short Sale Summit 2009
Register now and save! "Early Bird" discounts end the 17th.
