Why cant the banks see this? Real Estate agents work on commission. If things go well, a Real Estate transaction can close by mutual agreement 30, 60 or 90 days depending on the circumstances. When a Real Estate transaction doesn't go well, an agent is in it for the long haul until conclusion. Professionals yearn to finish what they have started and complete the FIDUCIARY
SHOW ME THE MONEY...?
Well sometimes the money is just is not there. When you take a normal situation and make it perform, a decent well earned wage is paid out. The opposite remains VERY true too. Dragging things out for any reasons reduces the compensation to the agent in many cases below even minimum wage...No one can make money or run a business at minimum wage let alone below it
IN THE CRACKS...
Banks have yet to grasp how to turn their procedures into a an effective and efficient production line of problem solution dynamics. It has been years now and you would think that a system would be in place to move foreclosures along. In all fairness, some progress has been made, but there are still some deals that fall within the cracks
R E S P E C T...not sock it to me
Agents remain valuable to the process for so many reasons. First, they are objective. Second, they are getting paid. Third, they are ethically driven and licensed in their business activities. Fourth, the bulk of the practicing agent forces out there loves what they do. All that being the case, Banks should treat agents with more respect and use them as part of the team to get things done
THE REAL ESTATE BAR STAYS HIGH
One last thing..for those agents that went the distance, that had to endure the lack of professional response and cooperation and who in the end lost money on those deals, on behalf of all clients who were helped by your devoted efforts...I THANK YOU
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