Short sale process

[Account Closed]

I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.

Here are my questions:

1. Is the realtor the one who negotiates the short sale? How is this done without a buyer?

2. I have heard that once the short sale amount is approved you can have your realtor put the house right back on the market for quick sale......how can you do this without having to first close and transfere title? Is that the process?

3. I hear about double closings, how does it work, if I have a buyer lined up?

If I could get some guidence that would be great. I am sure I'll probaly have a few more questions but this is a start anyway.