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Are Short Sale Lenders Slashing Your Commission?

This Week's Discussions

Julie Wilkinson

How to stop short sale lenders from automatically cutting our commission

Nearly 9 out of 10 of my short sales, the lender cuts the commission from 6% to 5%. I am sick of this. They know they have us by the short…

Started by Julie Wilkinson

17 13 seconds ago
Reply by Bryant Tutas
Jeff Payne

How much time does it take to complete a short sale?

Curious how much time you spend working a short sale once you get an accepted offer? How much time: To gather initial documents from seller…

Started by Jeff Payne

7 46 seconds ago
Reply by Bryant Tutas
Smitty

Track it! TRACK TRACK!

I can't remember what I ate for breakfast most days, but I can remember every conversation I've had on any file I'm negotiating.  I also TR…

Started by Smitty

3 1 minute ago
Reply by Bryant Tutas
James Lockard

How does Credit Report Look after a Short Sale?

I had a client ask me how his credit report would differ if the bank accepted a short sale as payment in full or if they went after a defic…

Started by James Lockard

8 2 minutes ago
Reply by Bryant Tutas
Karyl Moore

PMI suing the banks?

I had a call today from a past short sale client who said a PMI company wants to meet with them and hear their story of the 3 times they tr…

Started by Karyl Moore

4 3 minutes ago
Reply by Bryant Tutas
Tamara Dorris

What's the real benefit of short sale versus foreclosure?

Like all of you, I'm a big proponent of short sale over foreclosure, not merely for my livelihood (but that counts) but also because I thin…

Started by Tamara Dorris

16 4 minutes ago
Reply by Bryant Tutas
Eric Mieles

A Step in the Wrong Direction

So slightly off short sale topic but important to all of us. I had a confrontation yesterday with a mortgage broker who I have worked with…

Started by Eric Mieles

6 15 hours ago
Reply by Eric Mieles
Chad Dannecker

1st & 2nd TD with Wells via Equator

Now that Wells Fargo is using Equator, if I am doing a SS with both a 1st & 2nd at Wells, do I need to initiate SS in equator on 2nd TD…

Started by Chad Dannecker

1 18 hours ago
Reply by Bryant Tutas
Shari P

Have you used CAR's Short Sale Assistance Desk w/Fannie Mae loans?

I was just poking around on the California National Association of Realtors (CAR) website and I saw the Short Sale Assistance Desk (SSAD) i…

Started by Shari P

2 21 hours ago
Reply by Jeff Payne
Erin

Freddie Mac Addendum and "rentback"?

Hello, I am a first-time home buyer in the process of some back & forth after putting an offer on a short sale.  The latest thing to com…

Started by Erin

6 21 hours ago
Reply by Jeff Payne

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Comment balloon 3 commentsBryant Tutas • January 22 2012 08:47AM
Are Short Sale Lenders Slashing Your Commission?
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This Week's Discussions How to stop short sale lenders from automatically cutting our commission Nearly 9 out of 10 of my short sales, the lender cuts the commission from 6% to 5%. I am sick of… more
Broker Bryant is by far The Best Agent Ever!!!
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Hey… I didn’t write it. I’m just sharing it as I received it. Buyer testimonial received 1-18-2012 As a first time home buyer I did the one thing everyone tells you not to do – I fell head over heels in love – with a house. This house had… more
How Many Short Sales Are You Closing?
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This week's discussions Just an observation from what actual short sale sellers and buyers are asking on Short Sale Superstars I LOVE that we get actual consumers coming to this site to ask… more
Successful Fifth Third Bank Short Sale In Kissimmee Poinciana Florida
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Tutas Towne Realty and Bryant Tutas just had another successful Kissimmee/Poinciana Florida Short Sale closing with Fifth Third Bank. The property: Investment property. 4 bedroom 2 bath townhouse located in Kissimmee… more
Sorry. You Need Your Agent To Call For Showing Instructions!
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Recently, I was sitting on my adjustable, vibrating, craftmatic, tempurpedic bed enjoying my morning coffee and "working" on ActiveRain, when my phone rang. I answer… "Good morning Tutas Towne Realty, this is Broker Bryant your… more
Bank of America Alleges Equator Fraud
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DiscussionsRepliesLatest Activity BOA Alleged Equator Fraud I was recently advised that BOA recently restricted all agents of a large brokerage because one short sale… more
Short Sale Superstars Weekly Update
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DiscussionsRepliesLatest Activity Does BOA allow a Seller to replace furniture to close a sale My Seller needs to replace about $4, 000 worth of furniture in order to close a transaction on an… more
Short Sale Superstars Weekly Update
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DiscussionsRepliesLatest Activity Wanting to know a good course for how to do short sales hello i was wanting to know if i should get my real estate license to complete short sales is ther an… more
What Are You Thankful For?
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DiscussionsRepliesLatest Activity OFF TOPIC, I am thankful for… finish the sentence a beautiful and caring wife/business partner… Started by Jeff Payne &… more
Did Bank of America Give 3rd Party Negotiators The Boot?
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DiscussionsRepliesLatest Activity Did you take equator clasess? Why or why not? Hi I am in the process of receiving equator training and the only options are paid options where I can choose… more