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  1. Eric Bumgardner

    Great video gentlemen. Banks are already way overstepping their bounds trying to dictate so many terms of the contact for which they are not a principle to. Trying to tell two agents how the commission will be split is just insane. I love the 3.5/2.5 split and have been using it on my short sales for the past year or so. I get some push back from buyers agents every now and then but they are usually just happy that it is approved and ready to close, the ones that think you are being unfair have probably never done a listing side short sale in their life.

    Reply
    December 9, 2011
    • Fred Weaver

      Thanks for the share Eric! Always good to hear from you :)

      Reply
      December 9, 2011
  2. John Verdeaux

    Very good blog. We actually use a 3.6/2.4 split and have rarely ever had any flack from the buyer’s agent. Most agents are just happy to have a closing. There are few cases where buyer’s agents send a compensation agreement with the offer that gives them 50%, but we never sign them. We typically ignore any commission split verbiage in short sale approval letters. I can’t remember a time where the servicer kicked back the final HUD over a commission split.

    Reply
    December 14, 2011

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