{"id":617,"date":"2013-04-22T11:18:06","date_gmt":"2013-04-22T18:18:06","guid":{"rendered":"http:\/\/blog.corcorancoaching.com\/?p=617"},"modified":"2018-07-12T20:00:25","modified_gmt":"2018-07-13T01:00:25","slug":"no-negotiation-of-pre-foreclosure-sales-commission","status":"publish","type":"post","link":"https:\/\/www.corcorancoaching.com\/blog\/no-negotiation-of-pre-foreclosure-sales-commission\/","title":{"rendered":"No Negotiation of Pre-Foreclosure Sales Commission!"},"content":{"rendered":"<p>Fannie Mae has come out and actually put legislation in place instructing their servicers NOT to negotiate your commissions up to 6%. Here is the actual excerpt from their release:<\/p>\n<p><strong>No Negotiation of Pre-Foreclosure Sales Commission <\/strong><\/p>\n<p>Servicing Guide, Part VII, Section 504.02: Contacting Selected Borrowers<\/p>\n<p>Effective March 1, 2009, closing of pre-foreclosure sales may not be conditioned upon a reduction of the total commission to be paid to real estate agents to a level below what was negotiated by the listing agent with the borrower, unless the fee exceeds 6 percent of the sales price of the property in aggregate. Servicers are reminded that they must continue to obtain any approvals that may be required by interested third parties in connection with pre-foreclosure sales. <a href=\"https:\/\/www.efanniemae.com\/sf\/guides\/ssg\/2009annlenltr.jsp?referrer=frpromo\">Here is the original link.<\/a> <em>(click on Miscellaneous Servicing Policy Changes)<\/em>.<\/p>\n<p>For more information on how to break into the Short Sale Market, go to <a href=\"http:\/\/www.cdpe.com\/\">www.CDPE.com<\/a> and get certified today! <\/p>\n<p><a href=\"https:\/\/www.corcorancoaching.com\/\">Corcoran Coaching<\/a> is an international consulting and coaching company specializing in performance coaching and the implementation of sound business systems for small business owners, including residential or commercial brokers, teams or individual agents. Learn how to create and implement cost effective operational, business and sales systems that have a proven decades-long track record of successfully driving you to your next level of sales productivity.<\/p>\n<p>Isn\u2019t it time you invested in yourself to be as successful and effective as the top producers? Success is just a phone call away. Call today at 1-800-957-8353 or email us at <a href=\"mailto:successteam@corcorancoaching.com\">SuccessTeam@CorcoranCoaching.com<\/a> to start the conversation and get your <a href=\"https:\/\/www.corcorancoaching.com\/free-business-consultation\">no cost, no obligation business consultation<\/a> with one of our experienced professional success coaches.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fannie Mae has come out and actually put legislation in place instructing their servicers NOT to negotiate your commissions up to 6%. Here is the actual excerpt from their release: No Negotiation of Pre-Foreclosure Sales Commission Servicing Guide, Part VII, Section 504.02: Contacting Selected Borrowers Effective March 1, 2009, closing of pre-foreclosure sales may not&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[9,11,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>No Negotiation of Pre-Foreclosure Sales Commission! - Real Estate Coaching Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.corcorancoaching.com\/blog\/no-negotiation-of-pre-foreclosure-sales-commission\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Negotiation of Pre-Foreclosure Sales Commission! - Real Estate Coaching Blog\" \/>\n<meta property=\"og:description\" content=\"Fannie Mae has come out and actually put legislation in place instructing their servicers NOT to negotiate your commissions up to 6%. 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