The previous 2 answers are correct, nothing that concerns you, unless you signed a contract with an agent that guarantees them 3% commission. You may also want to check to make sure you are using an experienced agent that does not charge a transaction fee. For purchasing a home you have to decide if it is worth waiting for a short sale to be negotiated, usually 90-120 days, an experienced agent/negotiator might be able to shorten the timeframe to 60-90 days. Once the short sale is approved, then you can begin the mortgage process, which I have a lender that guarantees an 18 day guaranteed closing, which is awesome in this market.
I also have 2-3 properties coming on the market in Farmington hills in the next 2 months. Let me know what you are looking for, and I'll let you know if any of these properties fit your criteria. My office is local, next to Farmington Hills in Novi.
Let me know what other information you need.
Severin Faulhaber, ABR
Accredited Buyer Representative
Residential Home Sales Specialist
Remerica United Realty