HSBC Commission Structure For Short Sales
HSBC as a mortgage servicer has a strict commission structure for short sale transactions. They also do not participate in the government short sale HAFA program. We were advised that this was due to them not receiving any assistance from the government bailout programs. Before entering a short sale with HSBC it is necessary to know their guidelines on agent commissions.
- 3% commission will be rewarded for one agent who is double ending the transaction
- 4% for two agents different agents in the same brokerage
- 5% towards two agents from different brokerages.
Also, there is no minimum HSBC commission. This means if the home is an extremely low value property they will not pay out a minimum as it is always percentage base.
For questions or assistance on anything short sale related please fill out the form below and a member of our team will contact with you within 24 hours.
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