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Talk » Sales » Discussing 'Short sales when the bank won't pay Commission'
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Short sales when the bank won't pay Commission
1 comment
Gjohnson
about 7 months ago
Posts: 0
Member since: Sep 2012
I have a buy interested in purchasing a property, and the agent initially stated that there is a
commission split of 5% , 3% to the listing Broker and 2 percent to the selling Broker. I have been in contact with this agent for over a month and things seem to go no where, I contacted the bank and the bank has stated they won't pay any commission on this short sale if the offer is accepted, the listing Broker was unaware of this. I requested a copy of the listing agreement and was told, that it was not necessary for me to see it. I know this person is the listing agent , How should I proceed , my buyers very interested in this property
I have a buy interested in purchasing a property, and the agent initially stated that there is a
commission split of 5% , 3% to the listing Broker and 2 percent to the selling Broker. I have been in contact with this agent for over a month and things seem to go no where, I contacted the bank and the bank has stated they won't pay any commission on this short sale if the offer is accepted, the listing Broker was unaware of this. I requested a copy of the listing agreement and was told, that it was not necessary for me to see it. I know this person is the listing agent , How should I proceed , my buyers very interested in this property