As an agent, I have sold many short sales.  I recently wrote an offer to buy a short sale as my primary home.  The listing agent insisted that I write the contract as if my broker was representing me.  I don't see why a lender would care if the buyer was an agent since I would not be buyng as an investment property.  Have any of you come across this before and if so how did it effect the commission structure.

 

Tom

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Replies

  • I represented an agent in our office when she wanted to buy a short sale for the same reason - no commission paid if you write your own offer.

    • wow, really?  this is a very helpful info.  I had earned a commission buying a home for myself from a Fannie Mae-  foreclosed home-  I guess that is completely different than an active short sale.

      • Is this a form of discrimination to agent?  I don't see why we cant get our commission buying a short sale home.  We are not related to the owner whatsoever.

  • If your name is on the offer as a buyer, you will not be allowed a commission. Put it in your brokers name or someone else in your office.  The listing agent has no say on how you write the offer.

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