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RE Agents and Bank Owned Properties?

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Sandy55
My family ROCKS!!!

Member since 2/08

1219 total posts

Name:
Sandy

RE Agents and Bank Owned Properties?

hi...
does anyone know if RE Agents get any kind of commission for bank owned properties? Or..what is the process?

Posted 4/8/08 3:33 PM
 
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LemonHead
Sour Girl

Member since 3/08

5271 total posts

Name:

Re: RE Agents and Bank Owned Properties?

It depends how it is listed. We bought a bank owned foreclosure that was listed by an agent. She earned a commission on the property b/c she was our selling agent. If the bank is selling it directly, without a RE agent, I guess there would be noone to earn a commission. Unless you brought your own agent there.

Posted 4/8/08 5:18 PM
 
 

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