THE OTHER AGENT WAS GOING TO CHARGE HER A FEE!
I can’t tell prospective clients in an interview process to run from another agent, but I can tell you, RUN! RUN! RUN! if you ever get asked for a fee upfront.
Sure, the short sale is a lot of work, but so is selling a home. Realtors get paid a lot of money BECAUSE of the risks we take with our time and skill upfront.
Anyone who asks for money upfront is a crook. The practice may change in the future, but there is too much information and too many quality realtors out there who know how to do a short sale.
The truth is that a short sale MAY cost you some money, but it’ll be the banks, lien holders, or government that is the one charging you.
No related posts. Click Here Search for Homes In Georgia
{ 1 comment… read it below or add one }
I have a hard time understanding why you would call an agent who charges upfront fee a crook. My partner and I have closed over 200 short sales in the past 2 years and have closed over 90% of the short sales listings we have ever taken.
When the national average is somewhere below 50% (of all short sales actually closing) I think that $500 is not only a small fee to pay, but it also is worth the value for working with team of agents who can get the job done.
I personally believe that any agent who takes a short sale listing and can’t really get the job done, or isn’t willing to do what it takes to get the job done is the crook…as they have robbed the homeowner of his or her opportunity to sell the home and avoid foreclosure…