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Realtor Gets Slapped for 8% Commission

April 17, 2014 FHFA, Mortgage News, Real Estate News 38 Comments
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In a world where lenders commissions are micro regulated, real estate agents seem to be off the radar.  Well, they are for the most part but sometimes even they get snagged.

Housekeeping items first.  Pretty easy today.  Geneva Financial is expanding and they are looking for branch managers and loan originators.  They have a lot to offer.  They offer weekly pay, you can bank the deal or broker it – same to you, no penalty for brokering, and you can work from home or from the office just and a whole lot more.  Click HERE to see why they are an excellent lender to work for and with.

Now on to the show.  We’ve got a few stories for you today, all of which are interesting and have our typical NREP flare.  So tune in and enjoy, you’ll be glad you did.

slapped rrealtorAt any rate for a preview, real estate agents are getting slapped for commissions that are too rich.  Who’s slapping them?  No one of consequence but it doesn’t matter because they’re still having their commission regulated.  This is really interesting because it’s a situation where the industry is policing itself rather than the good old Government.  Kind of nice for a change, although the real estate agent in question probably wouldn’t agree.

So tune in and catch the news.  Be sure to leave us your comments and do us a favor and forward today’s show to anyone you feel would appreciate it. Have a great day and we’ll see you tomorrow.

Frank and Brian

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