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sunnybeaches
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Post subject: Lender Trying to Ax My Commission ... Help!  Posted: Wed Aug 29, 2007 4:56 am |
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| Junior Member |
Joined: Mon Aug 27, 2007 2:38 pm
Posts: 5
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I brought the lender a GREAT offer on a short sale
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metolson
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Post subject: Try for 3% Posted: Wed Aug 29, 2007 5:19 am |
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| Junior Member |
Joined: Thu Aug 16, 2007 6:24 am
Posts: 9
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Split the difference. Try for 3% and move on. You don't want to burn a bridge that you may need again some day! Mike
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Ratzmine
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Post subject: Maybe next time Posted: Wed Aug 29, 2007 6:47 pm |
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| Junior Member |
Joined: Sat Aug 04, 2007 12:24 pm
Posts: 13
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Maybe it would be better to refer it to an agent outside your company for 10-15% to preserve the total commission and for you to still get a referral fee.
Gaby
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deborahdawson@kw.com
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Post subject: remember your worth Posted: Wed Aug 29, 2007 7:40 pm |
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| Junior Member |
Joined: Thu Aug 16, 2007 8:51 pm
Posts: 8
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What have you tried to negotiate? How have you negotiated YOUR worth in this deal and what the flip side is for the bank, potential foreclosure!!! I would fight for at least 5%, the bank isn't even taken that much of a loss at 98%. What bank is this, so the rest of us will have warning of what to expect. I'm not saying lose the deal, you might have to chaulk this up to a learning experience!
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VIRNALISI
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Post subject: We Need Help Posted: Thu Aug 30, 2007 4:46 am |
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| Junior Member |
Joined: Thu Aug 16, 2007 10:07 am
Posts: 5
Location: Atlanta, Georgia
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Someone Should Come Up With A Stipulation That Adresses This Reduction Affecting The Sales Price. Our Commission Keep Getting Hit In The Short Sale And We Do A Lot Of Work To Make It A Success.
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sunnybeaches
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Post subject: Posted: Thu Aug 30, 2007 5:12 am |
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| Junior Member |
Joined: Mon Aug 27, 2007 2:38 pm
Posts: 5
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Ratzmine;498 wrote: Maybe it would be better to refer it to an agent outside your company for 10-15% to preserve the total commission and for you to still get a referral fee.
Gaby
Has anyone run into problems when the second agent is from the same brokerage?
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