realtor referral fees in a short sale: CASE STUDY: REALTOR hires agent to sell his house as short sale, then asks for referral fee
- 11/22/11 02:06 PM
CASE STUDY: REALTOR hires another agent to sell his house as a short sale, then asks for referral fee. This REALTOR is going through tough times and needs to sell his house as a short sale He knows enough about the arms-length nature of short sales, so he asks another agent from another real estate brokerage to list his house for him because he can't and he shouldn't represent himself in this sale. But he wants a referral fee from the other agent. Other agent balks, doesn’t agree to the referral. This agent tries to explain that in
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