Fannie Mae Commission for Realtor/Investor purchase

Foreclosures
11yFollow

Fannie Mae Commission for Realtor/Investor purchase

Jovanny Roque
Investor · Miami, FL · Member since 2014 · 5 posts · 0 votes

Hi All,

Has anyone had any experience with purchasing a Fannie Mae/Homepath property as a realtor and having commission paid at closing?

Thanks in advance.

0Reply
39 views

10 Replies

Jump to latestLatest
  • Wayne Brooks
    Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    11y

    No issues.

    0Reply
  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    11y

    I've done it twice and had no issues.

    [email protected]301-893-4635Podcast Guest on Show #192
    District Invest Group545 Reviews
    WebsiteView Page
    0Reply
  • David Kosiorek
    Investor · New York, NY · Member since 2013 · 90 posts · 43 votes
    11y

    I've done it twice, no issues

    0Reply
  • Jovanny Roque
    OP
    Investor · Miami, FL · Member since 2014 · 5 posts · 0 votes
    11y

    Thanks all for the feedback.

    0Reply
  • Brandon Ingegneri
    Rental Property Investor · Providence, RI · Member since 2015 · 1k+ posts · 594 votes
    11y

    Zero issues for my agent on several occasions.

    0Reply
  • Jeff Morelock
    Rental Property Investor · Marianna Florida · Member since 2011 · 357 posts · 169 votes
    11y

    There sound never be an issue if you use an agent familiar with Fannie and/or REOs, and you'll be more successful if you do.

    You don't pay the commission, and Fannie or the bank already knows they're paying a commission. (and has it worked into the numbers so you won't lose a house because on a commission)

    To Your Success

    0Reply
  • Jovanny Roque
    OP
    Investor · Miami, FL · Member since 2014 · 5 posts · 0 votes
    11y

    @Wayne Brooks @Russell Brazil @David Kosiorek

    Hey Guys,

    I realized (a little late) my original post may have been confusing. I am planning on purchasing a Homepath property as both the purchaser and the buying agent. I know some banks have issues with paying realtor commissions to the purchaser. I'm wondering if Fannie Mae is one of those institutions.

    Thanks for your help.

    0Reply
  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    11y

    I've purchased 2 fannie mae home path propetties for myself and received my commission for them.

    [email protected]301-893-4635Podcast Guest on Show #192
    District Invest Group545 Reviews
    WebsiteView Page
    0Reply
  • Bobby Sommers
    Investor · West Palm Beach, FL · Member since 2013 · 39 posts · 4 votes
    11y
    I have as well, as investor/agent, no issues.
    0Reply
  • David Kosiorek
    Investor · New York, NY · Member since 2013 · 90 posts · 43 votes
    11y

    Agreed, multiple times investor/agent no issues

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free