Freddie Mac Short Sale Listing Guideline

Agent’s beware! Do not have offers written up prior to a property being listed on the MLS for at least 5 business days and a weekend. Many investors are implementing this guideline as Freddie Mac is a leader in the industry. Mortgage servicers or investors will request that a MLS listing sheet is submitted to them for review. Freddie Mac Short Sales have some of the strictest guidelines in the industry. If they catch that an offer is written up prior to a property being marketed to their standards they will require that the property be re-marketed. They also may blacklist the individual who wrote the offer from purchasing the property. If an agent writes up predated offers too often we have also seen mortgage servicers blacklist an agent from working short sales with. Always ensure all offers and real estate related documents are dated at least 8 days after a property is listed on the MLS. The investors are cracking down on this as they want to ensure that the properties are adequately marketed to increase their chances of obtaining a fair market value offer.

If you have any questions in regards to any Freddie Mac Short Sale transactions or guidelines, please fill out the form below.

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