"It took 40 days to get approval on both trusts."
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Deb McLean's Page
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Deb McLean replied to Deb McLean's discussion suntrust Commission in the group SunTrust"Well I have had 2 with them both horrible messes. Both were initiated a year ago with offers, despite my best efforts, the sellers attentiveness and immediate response for requests for information, we just got approval letters for both in August.…"
Brenda Rogers replied to Deb McLean's discussion suntrust Commission in the group SunTrust"How long did it take to process the short sale once you submitted an offer?"
Jennifer Young replied to Deb McLean's discussion suntrust Commission in the group SunTrust"We just closed on a SS deal with Suntrust and yes, they only pay 3% if you do dual agency. Next time you can simply have another agent represent and pay them a 25% referral. Good luck fighting this one though."
Deb McLean added a discussion to the group SunTrust
suntrust Commission
Just got an acceptance letter on a Suntrust short sale that was initiated in September of 2009. We listed at 6 % with a clause to go to 5% if dual agency (per the Suntrust Short Sale instructions to agents.) I ended up dual agent on the property and brought a cash buyer that offered at $310,000. Appriasal /BPO came in at $260,000. Suntrust is now telling me at this late stage in the game that for dual agency they will only pay a total of 3%, that is their policy no exceptions!! Today,…See More
Deb McLean joined Mike Linkenauger's groupSunTrust
Group for discussing short sales with Suntrust and strategies for getting mortgage short sales approved in a timely manor
Profile Information
- Occupation
- Realtor
- Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
- Phoenix, Scottsdale, Mesa, Cave Creek, Carefree, Gilbert, Chandler Arizona
- Short Sale Transactions Completed
- 5-10
- Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
- a bit
- Put in todays date! This is to help stop spammers!
- July 13, 2010
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