James L. Sannes
  • Hesperia, CA
  • United States
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Mike Linkenauger commented on James L. Sannes's blog post commission for agents that buy short sale houses
"Just to understand you correctly then, there is a listing agreement, the property is just listed with another broker? I've never seen that language in a short sale approval letter that I can recall, but the commission is a huge thing to leave…"
Dec 1, 2010
Joseph C. Alfe commented on James L. Sannes's blog post commission for agents that buy short sale houses
"Then what happened is the listing agent screwed up and did the HUD wrong. You have no idea how many forget to add their commissions. Ask to see the approval letter to be sure."
Dec 1, 2010
James L. Sannes commented on James L. Sannes's blog post commission for agents that buy short sale houses
"We DID not list the property! We are the buying agens also the buyers."
Dec 1, 2010
Mike Linkenauger commented on James L. Sannes's blog post commission for agents that buy short sale houses
"It is physically impossible to be the listing agent AND the buyer. As you can't possibly have a fiduciary relationship with a seller and list their home (which you are LEGALLY bound to sell it for the MOST money possibly) while simultaneously…"
Dec 1, 2010
Joseph C. Alfe commented on James L. Sannes's blog post commission for agents that buy short sale houses
"Mike is right. Listing agents who are also sellers cannot collect commission."
Dec 1, 2010
James L. Sannes commented on James L. Sannes's blog post commission for agents that buy short sale houses
"we are the selling agent and yes we are agents, and we are buying the house and the bank for the sellers told us that they could not pay our commission."
Nov 30, 2010
Mike Linkenauger commented on James L. Sannes's blog post commission for agents that buy short sale houses
"It depends, are you the listing agent?? If you are, it would be impossible for you to be the listing agent and demand a commission, as you can't possibly have any brokerage relationship with the seller if you are trying to purchase their…"
Nov 30, 2010
James L. Sannes posted a blog post

commission for agents that buy short sale houses

My wife and I are buying a house that is a short sale the bank will not pay our commission
Nov 30, 2010
James L. Sannes is now a member of Short Sale Specialist Network
Oct 21, 2010

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Victorville, Hesperia, Apple valley all in San Bernardino county California
Short Sale Designations and/or Special Training
CSSG (Certified Short Sale Guide), SFR (Short Sales and Foreclosures Resource)
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?
None
About Me/Profile of yourself: - Please add your Brokerage Company name also!
I am a real estate agent, I am a short sale certified specialist but I have not done Commercial sales.
My broker is Emlie Dunn with Exit Realty Welcome HOme
Put in todays date! This is to help stop spammers!
October 21, 2010
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
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James L. Sannes's Blog

commission for agents that buy short sale houses

Posted on November 30, 2010 at 12:29pm 7 Comments

My wife and I are buying a house that is a short sale the bank will not pay our commission

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