Also because the price of homes here on Long Island are so high, real estate agents make a decent commission on sales :)

Specific factors that might cause such a difference include, but are not limited to: American Home's limited operating history with respect to its portfolio strategy; the potential fluctuations in American Home's operating results; American Home's potential need for additional capital; the direction of interest rates and their subsequent effect on the business of American Home and its subsidiaries; risks associated with the use of leverage; changes in federal and state tax laws affecting REITs; federal and state regulation of mortgage banking; and those risks and uncertainties discussed in filings made by American Home with the Securities and Exchange Commission.

The agent gets paid a commission based on the sale price so a lower price does the agent no good.

If the agent's commission is the difference between doing the deal or not rethink the deal.

I know that the commissions are outrageous, but have any of you brokered a deal?

NEVER LOSE PRINCIPALThe reality is... between holding it vacant while selling it... paying a realtor commission...you are like 30K in the red...

I mean, bloated with overpriced homes and commission hungry realtors working for the sellers.

As quiet as it is keep avoid the realtor and your lawyer becomes the realtor you are still paying the commission.

I'd really like to have her somewhere other than a large impersonal facility.I've NEVER seen a situation where a reverse mortgage is the answer to anything, except a mortgage broker's commission.

The agent will usually want to know where their commission is coming from in all of this and that usually screws up the numbers.