Ask The Agent: My Home Is Underwater, Commission Amount is a Crime, Advice Needed.
Q. My home is partially underwater and I really can’t imagine forking out $40k in commission. It’s almost a crime to collect that amount of money. Any advice?
A. I addressed your question fairly specifically in the video, so please take a minute to watch. I’ll be honest, if you think it’s “almost a crime” to collect “that amount of money” for services performed, we probably aren’t going to work together. My suggestion to you would be to sell your home yourself. It will be a short sale since you are “underwater” in your mortgage, good luck with that, they are a nightmare to deal with yet we do it every day. And, if you’ll watch the video, you’ll learn that in this situation, you aren’t paying any commission, the bank is.
Ask your questions, get your answers! The North Idaho Dream Team is here to help you.
Ask The Agent: My Home Is Underwater, Commission Amount is a Crime, Advice Needed
By North Idaho Dream Team on January 21st, 2011Ask The Agent: My Home Is Underwater, Commission Amount is a Crime, Advice Needed.
Q. My home is partially underwater and I really can’t imagine forking out $40k in commission. It’s almost a crime to collect that amount of money. Any advice?
A. I addressed your question fairly specifically in the video, so please take a minute to watch. I’ll be honest, if you think it’s “almost a crime” to collect “that amount of money” for services performed, we probably aren’t going to work together. My suggestion to you would be to sell your home yourself. It will be a short sale since you are “underwater” in your mortgage, good luck with that, they are a nightmare to deal with yet we do it every day. And, if you’ll watch the video, you’ll learn that in this situation, you aren’t paying any commission, the bank is.
Ask your questions, get your answers! The North Idaho Dream Team is here to help you.
When you want to know your home value, visit:
http://www.NorthIdahoHouseValues.com
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Categories: Ask the Agent, For Sellers, Foreclosures & Short Sales