REO/Short Sales

Many real estate agents have built relationships with short sale banks which increases the success rate of getting a transaction accepted and closed. Based on this premise, you can do a commission advance on a short sale contract if (and only if) the short sale has been approved by the bank. Without an approval, there is still too much doubt about when and if the transaction will close, there’s a lot of risk for an agent getting an advance, and often that advance is expensive.

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