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Updated almost 11 years ago on . Most recent reply

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Ann Newburn
  • Real Estate Investor
  • Chicago, IL
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Paying An Agent

Ann Newburn
  • Real Estate Investor
  • Chicago, IL
Posted

how I can pay an agent on properties they don't really do anything on. if i have properties i want to sell, but i'm not in the area and need an agent to help do a few things, how can i pay them on the HUD?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Simply give written instructions to the closing agent, they will put it on the HID and distribute the funds. And yes, All actively licensed agents have a broker, unless they are a broker, and yes the payment has to go to the agent's brokerage.

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