How do you opt out of a commission as the buyer?

Question

Hi BP,

Are their any specific banks that give you a hard time with this? Is it possible to do on a short sale? When do you request this change?

Thank you for your input!

Russell Brazil · Answer

Many banks will actually have as a matter of policy that they will not allow a commission to be paid to a buyer who is a licensed agent on a short sale. Same goes for REOs, but not as often as short sales.

How do you opt out of a commission as the buyer?

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