No Commission on Short Sale Purchase
Hi Agents,
I am a licensed agent in Sothern California and am going through a short sale purchase for myself. I was just informed by the bank that I will not receive a commssion since I am the buying agent and buyer of the property. I have since told the franchise I work for that I will be received zero commission and they are still requiring me to pay the franchise fee of any earnings they would have received from the transaction. Can they do this and is there any way to fight this cost? Thanks for your advice.