Do you do short sales???

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Hi All,

I have never done a short sale (buyer or seller side) and have thought about starting to take on some short sale listings. So, I took a pretty involved short sale training class/certification (Certified Depressed Property Expert). After taking that I don't think I want to do short sales: too long to close, too involved, too unsure (you receive an offer and it takes a looong time to find out if the bank will accept it).

So whats everyone's opinion of short sales? Do you do short sale listings? why/why not? Or, do you refer them out to other people? If you refer them out what is your referral fee?

Thanks for your responses.