can a real estate agent sell his own house and also shortsale himself

Profile picture for WRIG
thats it
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December 17 2008 - Pleasanton
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Yes you can.  However, the lender will not allow you to benefit financially from the sale.  Also, the stress involved in the short sale process itself, let alone the fact that you are losing your home, makes the pocess almost unbareable!  Let another professional handle it for you.
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May 21 2009
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Yes, but I don't think that the lender will pay you a commission to do so.  You may want to list it with a colleague in return for compensation paid.
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December 17 2008
Profile picture for Michele ONeill

Yes you can, but I don't think the mortgage company would allow the agent to make money on their own shortsale.

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December 17 2008
Profile picture for NVST in homes
sure-why not!! It is legal as long as it is disclosed that the agent is licensed in the state.
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December 17 2008
Profile picture for LAGUNAHOMES
Yes but you would be wise to get a co-list agent to refer to as the agent.
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December 17 2008
 

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