Who pays realtor fees in a short sale?

In a short sale, realtor fees are paid from the proceeds of the sale and must be approved by the lender. The seller typically does not pay anything out of pocket.

Do I have to pay closing costs in a short sale?

No, in most short sales the lender allows closing costs to be deducted from the sale proceeds, meaning homeowners usually have no upfront or out-of-pocket costs.

How do real estate agents get paid in a short sale?

Real estate agents are paid through the closing proceeds as part of the lender-approved short sale agreement. The lender determines and approves the commission amount.

Are realtor commissions lower in a short sale?

Yes, commissions in a short sale are often reduced and must be approved by the lender, typically ranging lower than traditional real estate transactions.

Can I get money back at closing in a short sale?

In some cases, lenders may offer relocation assistance or incentives to homeowners completing a short sale, but this depends on the loan and investor guidelines.

Blog ⋆ Page 5 of 16 ⋆ My Florida Home Sale

Short Sales

How do the Realtor fees work in a short sale?

Minna Reid

November 5, 2024

How do the Realtor fees work in a short sale?

Short Sales

What happens to the second mortgage in a short sale?

Minna Reid

November 5, 2024

What happens to the second mortgage in a short sale?

Short Sales, HUD Partial Claims

FHA short sales explained!

Minna Reid

November 4, 2024

FHA short sales explained!

Short Sales

A quick guide to the Florida short sale process

Minna Reid

November 4, 2024

A quick guide to the Florida short sale process

Home Selling, HUD Partial Claims, Short Sales

How to sell your home with a HUD partial claim!

Minna Reid

November 4, 2024

How to sell your home with a HUD partial claim!

Jacksonville Market Reports

Jacksonville, Florida Market November 2024: Inventory hits 5 year high!

Minna Reid

November 4, 2024

Jacksonville, Florida Market November 2024: Inventory hits 5 year high!

Uncategorized

CLOSED! 2704 Safeshelter Drive, Jacksonville FL 32225!

Minna Reid

October 6, 2024

CLOSED! 2704 Safeshelter Drive, Jacksonville FL 32225!

Jacksonville Market Reports

Jacksonville, FL Market Update 9/2024: Sales down, inventory and foreclosures on the rise!

Minna Reid

September 3, 2024

Jacksonville, FL Market Update 9/2024: Sales down, inventory and foreclosures on the rise!

Homes for Sale

JUST LISTED! 400 Cherry Street, South Daytona FL 32119

Minna Reid

August 27, 2024

JUST LISTED! 400 Cherry Street, South Daytona FL 32119

Foreclosure

FHA leads the way in mortgage defaults!

Minna Reid

August 21, 2024

FHA leads the way in mortgage defaults!

Home Buying, Short Sales

How long will it take to get a new mortgage after a short sale?

Minna Reid

July 22, 2024

How long will it take to get a new mortgage after a short sale?

Investors, Jacksonville Market Reports

Jacksonville FL Multifamily Market Report 2024

Minna Reid

July 15, 2024

Jacksonville FL Multifamily Market Report 2024

REVIEWS

CHRISTIAN LEON

BUYER

Minna Reid with Killebrew and Company Realty was amazing! I did my whole buying process from overseas while on deployment and she was the only reason the process went as well as it did. She is very thorough. communicates very well, and will go above and beyond for you! Best realtor I've ever had! I will be using her again in the future for my next investment property buy

dONNA HARMON

Seller

We went through a short sale and Minna's team was amazing every step of the way. They made a very sad and stressful time seem easier by handling all the little details. They always stayed positive and put us in contact with an amazing legal team. We couldn't be more pleased.

MINNA REID'S Recent Posts

How do the Realtor fees work in a short sale?

What happens to the second mortgage in a short sale?

FHA short sales explained!

A quick guide to the Florida short sale process

How to sell your home with a HUD partial claim!

Jacksonville, Florida Market November 2024: Inventory hits 5 year high!

CLOSED! 2704 Safeshelter Drive, Jacksonville FL 32225!

Jacksonville, FL Market Update 9/2024: Sales down, inventory and foreclosures on the rise!

JUST LISTED! 400 Cherry Street, South Daytona FL 32119

FHA leads the way in mortgage defaults!

How long will it take to get a new mortgage after a short sale?

Jacksonville FL Multifamily Market Report 2024

CHRISTIAN LEON

dONNA HARMON

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