On an approved short sale, has anyone reduced their commission in order for the closing to happen. Buyer did not get the closing cost credit from Chase and now short of funds to purchase flood insurance. What would you do?
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Comments
Yes, I reduced from 6 percent to 5 percent and the buyer's agent went along with it, 5 percent of something is better than 6 percent of nothing, and after you have worked hours on a short sale you really need to see a paycheck...
If the numbers work for you then why not? I'm all for getting the deal closed and moving on to the next.