Has anyone dealt with commission splits on short sales for houses or condos going for real cheap? I have a particular short sale listing I'm working and this thing isn't going to go for more then 20k and obviously 3% of that is $600. Now obviously working a short sale, calling lenders, etc. it seems like a lot of work to make $600. You factor in the time involved and your hourly rate is probably somewhere in the minimum wage range. I'm curious if anyone out there has worked a deal on something like this and wrote in a 2k commission or something minimum. Is this possible? Let me know if their is any other way or if it's just $600 take it or leave it. Thanks!
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