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Updated about 17 years ago on . Most recent reply

User Stats

15
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0
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Daniel Lujan
  • Rental Property Investor
  • Austin, TX
0
Votes |
15
Posts

7 Realtors later....

Daniel Lujan
  • Rental Property Investor
  • Austin, TX
Posted

I have a house in poor condition, seller agreed to go ahead and get the shortsale process going. One step is to get property on market to "show" the bank that the seller is trying to sale his property. I'm sure that he won't be able to because there is about 18,000 worth of work to do on the house.

My question is, Realtors have the "wiifm" what in it for me mentality. Now, if there is no equity, then does the bank pay them? If so, what %? How does this work?

Thanks,
Daniel

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