Short Sale Home » Short Sale Buyers » Buying a Short Sale with Realtor

Most lenders may reduce the amount of the commission for a real estate short sale but at pretty average rate.  However, there are some Realtors that may say that the buyer may need to come up with paying part of their commission to buy the short sale home because “most of the time there lenders won’t pay or won’t pay enough”.  They may also say that “it is a real nightmare to buy a short sale and that it requires the Realtor to work must harder than a normal sale as they take longer to close”.

If this is your experience or situation currently, walk away!!  A Realtor who demands a higher fee because of the extra work, isn’t someone you want to work with as there are plenty of other hungry Realtors who will work with you on the sale.  The fees are not set in stone, they are negotiable with the bank.  Most Realtors (in this market) would rather take the extra money than none.

The buyers typically never pay the commission, and in this situation the bank will still pay for it.  If you are still interested in purchasing a short sale, try searching for an agent who specializes in short sales or contact the listing agent of the short sale property you are interested in.

Find a hungry agent who wants the business!

Tags: extra money, real estate, real estate commission