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Windermere Florida REO - Talk about screwy!
Since late January I picked up an REO listing in a premiere Windermere Florida neighborhood. I went through the task list of getting the property ready to be listed and re-keyed.  Spoke with the Asset Manager and listed the property in the MLS and within 2 days I had already agents showing the property.  Within three weeks of listing I received three offers and sent them to the bank for approval. And since then I have been waiting.....and waiting...and waiting....
Today I received an email from the REO Assistant that what I first thought to be was counter offers was low and behold a new listing agreement, increasing the listing price, lowering the commission, and telling me I had 48 hours to contact them and fax them the MLS sheet. Below is my response, let me know what you think:
 
Susan, I received your email below regarding the property at 13325 Bonica Way, Windermere, FL 34786.  I am truly disappointed that we are at this point which is right back at the beginning. Furthermore, the fact that I have received a new agreement with a commission which is 1% less than what was originally agreed to (see attached) is an insult.  I ... more

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