Asked by Sgiarushi92, Saint Paul, MN • Mon Feb 17, 2014
I am an agent in the St Paul area and am in the process of selling a short sale. The intention was to use an attorney to negotiate the short sale with US Bank, but now they are telling us 95% of the time banks will reject attorney fees, leaving the fees on the shoulders of the agent. This would be a $750 fee to be taken from the commission. The property is already a low selling property, and we are two weeks in with an accepted offer. At this point, I may have to negotiate the short sale myself if I cannot find a lesser charging option, but have no experience in this department. However, I am more than willing to do so as this will be helpful knowledge in the future. What is the process for agents to negotiate a short sale with US Bank?
Real Estate in Saint Paul
Popular Categories in 55110
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!