Can An Agent Self Represent Themselves On A Short Sale?

An agent can represent themselves on a short sale. At times the seller losing their home or the buyer is a Realtor, but it’s important to know that the bank likely will not allow any commission towards the agent in these instances. This is especially true if the seller is an agent representing themselves as sellers are not allowed to receive any proceeds from the sale in a short sale or compensation, but they may be entitled to relocation incentive if eligible. Many agents who represent themselves as a buyer on a short sale are unaware that they likely will not receive any compensation. Generally it would be a good idea to explore outside representation of yourself if you are an agent buying a short sale.

Structuring a short sale for success takes foresight and keep in mind that potential contribution of commissions is a powerful negotiation tool at times with the banks. For any questions on how to best structure a short sale for success please fill out the form below for a free consultation.