If you were working a file for over 8 months and have had 2 buyers walk, 2 declined/rejected offers and now finally have an approved buyer and approved short sale from lender, you are down to closing, undisclosed costs owed to the HOA from the seller/borrower were far more than our approval, do you think its a listing agents responsibility to take a reduction in commissions to make the deal close or the responsibility of the seller/borrower to pay for these unexpected costs to their HOA prior to closing?
Should an agent be a reduced fee agent if the the listing was clearly @ 6% and the agent has an approval from the lender @ 6% ?
What's your thoughts?
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