Many banks and servicing companies are now using the web based equator.com to facilitate their Short Sale transactions. Currently Bank of America, GMAC & SLS are a few of the lending institutions participating – but many more are likely to jump on board soon as well. Adding Equator to the Short Sale process has certainly helped to expedite the entire transaction and ultimately compete the Short Sale much more quickly for the homeowner. It’s important that your Realtor have profound understanding of the ‘in’s & out’s’ of Equator. One way to achieve this is by simply completing many transactions using the system. But additionally a Real Estate Professional can become Equator Platinum Certified. This means the Realtor has completed a number of classes and various other requirements guaranteeing their competency using the system. Ryan Overmyer is currently the only Realtor in the Ann Arbor area who holds the Equator Platinum Certification designation.
