Lenders are getting more flexible with the commissions given to the realtors now than about a year ago. I have seen an up swing in commission rates. Which is very good for the realtors who really have been slugging through some junk in order to get things done for their clients. Kudos to you for realizing this!

Merilee L. Getty
Gulfcoast Foreclosure Solutions
mgetty.gfs@gmail.com
239-738-2247 or 239-673-7810

Neal: we appreciate when a buyer recognizes that many Real Estate Agents/Realtors/Brokers do work hard for their commission.In a short sale some Agents do get hosed . The new regulation with Fannie and Mac does stop(great point Danielle) this but I have also noticed as of late a tendency from non Fannie Mae and Freddie Mac loans, lenders cutting these commissions more often then not.
Either way its terrific that you applaude your Realtor.

Regardless.Your Agent will certainly appreciate a referral in the future.She certainly derserves one!
..and congratulation on your new purchase.

LLoyd Nichols
Right Choice Realty LLC
cell: 239-810-2980
office: 239-463-5217
Activerain Local Blog: http://localism.com/neighbor/lloydn
Active Rain Blog: http://activerain.com/lloydn
Website: http://www.mlsouthwestfloridahomes.com
Search the MLS in Southwest Florida
Listingbook: http://lloydnswfloridahomes.listingbook.com/

Neal,

Here in Monmouth/Ocean County NJ, listing agents are required to state the commission split in the MLS system. Most often, the listing agent will obtain a 6% listing stating a 3% commission to the the listing agent and 3% to the buyer with a clause in the agent's notes stating that the commission is subject to lendor approval realizing that 9 times out of 10, the lendor is going to cut the commission. Hopefully, the lendor is not going to cut this below 2%.

In today's market most of us know what we are getting into when it comes to short sales including the amount of work and the commission reduction. The whole reduced commission factor is a hard pill for us all to swallow, but in this down market where 50% of the deals are short sales or REOs, we are greatful to have a client with integrity and passion such as yourself.

Kudos (and thank you) to you for your concern.

Love and Peace,
Francesca, Realtor, ePro

Neal,

That's going to depend on the lender, the type of loan and the listing contract. There is a new regulation that says Fannie Mae/Freddie Mac owned loans can't be less than a 6% commission if the listing agreement dictates a 6% or higher commission.

I hope she gets her fair share!

Thanks so much for your appreciation of your agents hard work!