I Absoulutly HATE Selling Hud Homes !!!

[Adrian Williams]

Have any other agents had any problems selling HUD Homes? I am to the point that when a client calls and wants to view a HUD Home I refer them to another agent in my office , I have submitted full price offers on HUD Homes and had them rejected I was told that broker commision is not included in the list price for some HUD homes , the listing agent commision is 3% or 1250 whichever is greater while the buyers agent commision is the same but we can negotiate our side down , My question is have any other agents had any problems with the HUD Bid Process, I feel like it really forces the buyer to go directly through the listing agent since there commision is pre-set they can get away with offering less with a greater net to HUD , I will stick with the Fannie Mae & Reos !

[Terry Hightower]

Thank you for starting this comments. I hate dealing with this. This is the 4th time I have submitting this contract on this property and they keep finding something wrong. The earnest money that was ok last week is now wrong. It states Hud homes stores - what we started with and not HUD. I am sending it tomorrow and hopefully this time might be a charm. I hate them and hate working with them. My client asked if I had every done one before? yes- HUD Pemco- they were not this bad. HUD Telco is terrible.