Short Sale commission appendectomy appears to be a common thread in the market place these days. When the negotiator comes back and screws with or attempts to screw with the commission. You need to say that you would need to get an addendum signed by the broker, other agent and the seller, because its written in the listing contract that its ??% and any changes need to be signed off on.
Or you need to bring up the Loss Severity and show that with your ?-?% commission they are still netting more than if they foreclosed. And make sure they are sharing that info with the investor. If you still get stone walled ask the seller to petition the negotiator for the investors contact info. By law they have to supply that to the seller with in 7 - 10 days after written notice. You would be surprised just how many investors don't know what crap the banks are pulling.
And always, always, after you stop laughing, when the second comes at you telling you they don't pay ?%. Remind them, they are in second place, they can't dictate anything.
Never forget one thing though. You work for the seller. Ultimately you're trying to get this seller out of a bad situation. Sure it's helping us feed our families, but ultimately you're helping someone out of a bad situation and getting them back on the road to a new life. And isn't that what it's all about?
Paul "That Short Sale Guy" Antonelli
(?) have to stay compliant.
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