Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Clifton Coffman
  • Investor
  • Midlothian, VA
2
Votes |
4
Posts

Short sale commission too high?

Clifton Coffman
  • Investor
  • Midlothian, VA
Posted

I'm looking to buy a short sale and wanted the realtor from Keller Williams to cut the commission to 4.5% as a transactional broker. Also the listing agent is taking the 3.5% and leaving 2.5% of the 6% commission he is citing that they use a third party short sale negotiator. Should I just bring my own agent? Is the additional fee justified or a squeeze on the seller? Thanks

Most Popular Reply

User Stats

2,929
Posts
3,689
Votes
Linda Weygant
Pro Member
  • Investor and CPA
  • Arvada, CO
3,689
Votes |
2,929
Posts
Linda Weygant
Pro Member
  • Investor and CPA
  • Arvada, CO
Replied

A short sale is a nightmare of a transaction for everybody involved.  The agent will be fighting tooth and nail for that commission.  If I were the agent, I definitely would not lower my commission on a transaction like this.

Loading replies...