Well here in Clark County, we have passed a new NRS statue stating the seller has to provide and pay for the HOA resale package? Has any other REOagents out there presented this to their bank contacts yet? What kind of reception has been received out there? Do you feel as the listing agent you will be responsible for paying for it and get reimbursed once closed?
That is the direction alot of my sellers will want to go. But if I close 5 properties at once, that could run me 250 a POP until I get reimbursed! I don't know if my overhead can handle it.
I would love other REO agent comments.
Thank you
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