The question of how to do a short sale can be a significant matter for individuals facing foreclosure. The fact of the matter is that, since most homeowners lack experience in selling a home at all, a short sale can prove quite difficult. In addition to the steps involved in the standard sale of a home, a short sale will also involve many other steps, as much more detail is required during the process. First, you will need to make an agreement with your lender. Not all lenders are willing to settle for a short sale, as in doing so, they are forgiving part of the loan. If a short sale will work in both of your favors, an agreement to short sale might be negotiated. However, the agreement is not as simple as a contract signing - you may be required to complete a hardship letter, application, and several other complicated legal documentation. After that has been handled, you will have to sell the home using a real estate agent. The agent can help you during the next several steps of choosing a price, posting the short sale, and selecting a candidate. At the end, you'll also have to resubmit the short sale to the lender for an approval.