How much commission does a realtor make on a short sale

Skip down to page content. A potential home seller asked The Stop Foreclosure Institute how we get paid on a short sale transaction.

Here is how most Realtors get paid on a short sale. They make a real estate commission from the sale of the property. When the property sells a percentage of the sales price is paid as a commission. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Many sellers mistakenly think that since there is no equity in the property, then there is no way for the agent to be paid.

They are willing to pay a commission on a short sale because if the property is foreclosed upon, not only will the property sell for less money, but they will also have to pay a commission on the sale of the foreclosed property.

Here is an example.

However, lenders know there is risk in their business. They grant loans knowing that a certain percentage of them go bad. After they have realized that a loan has gone bad, all they want to do is reduce their losses as much as possible. So they will sit down and calculate the losses on their different options.

Realtor Commission in a Short Sale

How much will a Foreclosure net them? Now, they have to add in real estate commissions, attorney fees, sales taxes, and all the other costs. Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at wesell teamsordelet.

I will contact you for a free consultation. When we talk, I will explain how the process works in detail and answer any questions you may have.

Or, if you prefer, you can call me at Discover how other sellers successfully completed a short sale and request a free consultation by clicking here. Thinking about a loan modification? Click here to request a copy. Thanks for reading this,. You can also take a look at the other services that we offer: FACEBOOK FAN PAGE LINK: David Sordelet specializes in loan modification assistance and short sales in New Castle Delaware.

New Castle Loan Modification Help, New Castle Short Sales, New Castle Short Sale Realtor Short Sale Realtor. New Castle DE Short Sales. Delaware Short Sale, Delaware Loan Modification, Selling Real Estate, First Time Home Buyers, Delaware Real Estate Expert, Short Sale Specialist, Copyright SFI Marketing Institute, LLC.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales.

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit. However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding Foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee.

We normally make a real estate sales commission for helping you on a short sale. TWO NAMES YOU CAN TRUST.

How Does My Realtor Get Paid On A Short Sale. How Does My Realtor Get Paid On A Short Sale Monday, March 18, New Castle County, DE — A potential home seller asked The Stop Foreclosure Institute how we get paid on a short sale transaction.

Real Estate Agent Short Sale Commission Policies

Therefore they are glad to accept it and pay us to sell the property. Or, if you prefer, you can call me at Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

No comments have yet been submitted for this entry. Join the conversation by filling out the form below. Archives 1 January 1 5 June 1 May 1 March 2 February 1 2 October 1 April 1 77 May 21 April 30 March 23 February 3 32 December 1 November 1 September 5 July 4 June 3 May 2 March 3 February 9 January 4 43 November 1 August 4 April 6 March 8 February 9 January 15 84 December 5 November 1 October 17 September 9 August 6 July 4 June 18 March 4 January 20 54 December 14 November 19 October 13 August 1 May 1 February 1 January 5 8 December 1 October 1 September 5 June 1.

TEAM SORDELET BLOG How Come My House Did Not Sell? The Team Sordelet Realty Group.

Privacy Policy Terms of Service Contact Information Site Map. Real Estate Websites by Real Pro Systems.