SellingNorthernNV

Keeping you informed on all things real estate

Freddie Mac confirms its Short Sales Commission Policy

Freddie Mac confirmed that its servicers are not allowed to renegotiate short sales commissions in writing on August 20, 2009. The policy states that servicers cannot renegotiate the sales commission below the amount agreed to unless the negotiated commission between the seller and real estate broker exceeds 6%.

The NAR has requested that Freddie Mac establish an appeals process for cases when servicers refuse to comply with this policy.

Should you have any questions or need further information,
please don’t hesitate to contact me, (775) 220-1630
Or visit my blog at www.SellingNorthernNV.com

Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521


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