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New NWMLS Short Sale Rule Hits Listing Brokers Hard

Doing short sales is about to get harder. Upcoming changes to NWMLS Rule 101(g) regarding short sales will significantly impact listing broker commissions. Here’s how things will change: For short sales listed after December 12, 2012, the selling office will be guaranteed payment of the commission stated in the listing. If the lender reduces the […]

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