A short sale in real estate is an offer of a property at an asking price that is less than the amount due on the current owner's mortgage.

Technology is developing fast. It is shaping the way we live. It is revolutionising the way we interact and communicate. In fact, there is hardly anything that remains untouched by technology. Industries have been razed to the ground and new ones built in their place seemingly overnight. Titans of business have collapsed and folded under the hands of technology. Blockbuster. Toys 'R Us. Kodak. Yahoo. Nokia. Xerox. Names that once meant something have now vanished into thin air.


Today, they are being replaced by companies like Uber, Netflix, Amazon, Facebook and others that are taking the lead as part of a new era. They are embracing change, reshaping and disrupting business as we know it. But amidst all the technology and change, one industry has been largely spared real estate market.

The truth is that selling your home in this country is still an antiquated process. It is based on an old model. A model that relies on an endless series of frictions. Can you sell your house fast today? That depends on your definition of fast. Is it as fast as ordering an Uber or renting a holiday flat on AirBnB? Absolutely not.

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