So what have I been doing?  I just finished my first book.  "Broken Life - A Fight For Forever" It is in print now and should hit the streets in about six weeks.  (Shameless plug!!)

 I am so proud of out industry. You know for a while I thought that only the crooks would be left to ruin the lives of the most vunerable people doing this time of crisis.  Well I see a few of us honest people have stuck in this games of dog and cat. 

Last week I sat across that table from my seller who was selling his home as a short sale; while we sat there the buyer's agent demanded 3% commission although the MLS said commission was subject to third party approval and told me she either gets the 3% or she would tell her client to walk.  My client's wife had a baby the day before and I thought they had been through enough. 

The buyer's agent told me to suck it up.  That broke my heart.  Every short sale I have worked on has had its share of trouble but "Suck it Up" just plain hurt. 

I took it like a pro, no friend to my client and took the cut.  Why should my client suffer for someone else's total disregard to the whole third party approval clause.  Sucks huh!!

I am over it almost.  I, like so many agents count on at least getting half of what the banks offer.  I now have no choice but to think of putting on 2.5% buyers agent commission on all of my short sale listings.  Breaks my heart but fair is fair.  And this time I felt cheated.

Anyone had a similiar experience?

 
Post is included in group: Realtors®
Post is included in group: POSITIVE ATTITUDE for the Weary Soul
Post is included in group: Real Estate with Personality

5 Comments on My Active Rain - Oh I've Missed You

JUL
09
2008
392,090 Points 15 Featured Posts Outside Blog

Vangie:  How pitifully low of that other agent to make such a heartless demand.  What hits me first is that "what goes around, comes around."  Sooner or later, that boomerang the other agent threw at you... will return.

12:06am • #1
5 Featured Posts Localism Sponsor Outside Blog

Tell me more about your book, I have only done one short sale in 5 years.

BethAnn

12:34am • #2
537,482 Points 13 Featured Posts Outside Blog

Sometimes this is a tough business. Best ol luck with the book!!!\

Glad to see you back

Your Friend in Charlottesville!

8:58am • #3
JUL
17
2008
383,653 Points 28 Featured Posts Localism Sponsor Outside Blog

Our MLS insists that we include the verbiage that all contracts are subject to bank approval and that the commission may be reduced (it generally is) AND the commission will be split 50/50. Stops all that hassle dead in its tracks. What are you going to do when the bank cuts your commission, Vangie, because it undoubtedly will. I've never seen a short sale yet at full commission. If you have offered to pay the other agent 3%, that difference from the total can amount to more than you are figuring on. I would have told that agent to walk because you don't really decide the commissions -- the bank does. You only decide how they are divided. If the bank pays 4%, you're stuck with 1% now.

elizabeth weintraub sacramento real estate

 

 

 

12:40pm • #4
JAN
15

Vangie Williams is a Fraud!  She has committed real esate fraud several times and will continue to do it again.  Be very careful with taking advice or having her represent you with the sell or purchase  of a home/property.     

11:56am • #5

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Vangie Williams - Real Estate with Personality

Fredericksburg, VA

More about me…

Signature Executive Realtors - Serving Maryland and Virginia

Office Phone: (800) 684-0545

Cell Phone: (301) 440-5058

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What does it take to be a great agent? If you have a choice between earning a high commission or helping a family fulfill their dreams, which would you choose -- line your wallet or make your heart happy?


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