Does ASC/WFB pay 6% commission for Dual Agency?

Does ASC/Wells Fargo Bank pay the full 6% Commission for there is dual agency, where the agent is representing both the seller and buyer or do they cut the commission down?

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Permalink Reply by joe beauchamp on January 3, 2013 at 6:02am

That cannot be answered - it is up to the investor via investor guideline, not the servicer. Servicers can try to bully you into things as if it is their choice at times, however. And I assume you mean dual representation by you, not dual agency which means another agent under your broker may be representing the other party. Dual agency is not an issue.

Permalink Reply by Jim McCormack on January 3, 2013 at 10:19am

Joe answered the question correctly. It ultimately depends on the investor.

Permalink Reply by Kevin - Greenville, SC on January 3, 2013 at 11:12pm

And if it's HAFA.

Permalink Reply by SE Davis on January 3, 2013 at 11:04am

Both of these posts are accurate however my experience is that they will only offer 4% for that circumstance.

Permalink Reply by Myra McCaskill on January 3, 2013 at 12:16pm

Thank you Joe, Jim and SE. Yes, I referring to dual representation.

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