Sony Mae Commission
I have a short sale with M&T bank that is backed by sony mae I am being told they only pay 5% commission does anyone know different.
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Commission (7)
HSBC Commission Rates - Beware
We finally received approval for a complicated transaction that began 5 months ago. Along with the approval it stated it would be a 4% commission because the selling agent and I both report to the same broker. HSBC is NOT regulated because they are n
Read more…ONLY 3% total commission on a short sale when there is dual agency ?
ONLY 3% total commission on a short sale when there is dual agency ?
First of all, are investors on loans allowed to cut commission to as low as 3% total if the agent is representing both buyer and seller?
Second, are we allowed to ask the invest
Read more…Feedback on BMO Harris Short Sales?
Has anybody closed a short sale with M & I Bank / aka now BMO Harris Bank where they forgave the deficiency amount? I see a comment in the email they sent the client with the financial paperwork forms and doc requirement lists that says this:
"*** P
Read more…Does Second have a right to reduce agent commission?
I have a short sale with BOA on the first, Chase (turned over to a lawyer) is on the second. The first is for $180,000 and the second is for $40,000. This is a cooperative short sale where the bank set the price. The rep for the second wants to get i
Read more…MLS Remarks by Realtors
What is your take on this, I have noticed a particular agent in my area write the following in the MLS Remarks: "50/50 COMMISSION SPLIT WITH THOSE OFFICES THAT DO THE 50/50 SPLIT" is that really allowed?
Read more…Coooperating REALTORS Be VERY Aware of Trick MLS Compensation
We have recently experienced situations in which the Listing Broker states the following in the MLS, "Reduction of commission by lender to be split 50/50 between the selling and listing brokers". In these cases the Listing Broker is typically enter
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