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#297026 - 07/03/09 09:41 AM Re: Help----Green River Listing [Re: northtxbroker]
DueDiligence Offline
Veteran Member

Registered: 12/05/06
Posts: 610
Loc: Wild Wild West
Does the FNMA "Master Listing Agreement" have your brokerage name on it? Or is it just by and between the outsourcer and FNMA?

I've got to get this straightened out.

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#297050 - 07/03/09 05:06 PM Re: Help----Green River Listing [Re: DueDiligence]
northtxbroker Offline
Major Contributor

Registered: 05/17/07
Posts: 1564
Loc: Texas
the MLA has my name and info on it. You sign it with the outsourcer and with FNMA.

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#297175 - 07/04/09 09:31 PM Re: Help----Green River Listing [Re: Pine]
bard Offline
Member

Registered: 03/04/06
Posts: 203
Loc: Wa
Hi

First, they are very good to work with and will help you with any questions. The listing agreement comes as an attachment so take a moment to double checkk all recent emails for attachments. It will start with the following if it is a fannie

"Fannie Mae, referred to throughout as the "Seller" grants you the sole right and authority to sell this property during the listing period subject to the terms and conditions of the current Fannie Mae Master Listing Agreement"
It does not name a brokerage, but does allow for a signature at the bottom. You sign it place it the MLS and send it back with a copy of the MLS. I doubt it will be the only fannie in your MLS, so don't stress - just list, sell and enjoy the fruits of your labor.
Hope that helps a little

Have a good day all!!
_________________________
Bardell G Wagner
Re/Max Equity Group, Inc
1301 SE Tech Center Dr. # 150
Vancouver, Wa 98683
360-606-4298
www.realestatea2z.com

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#297839 - 07/09/09 02:46 PM Re: Help----Green River Listing [Re: bard]
DueDiligence Offline
Veteran Member

Registered: 12/05/06
Posts: 610
Loc: Wild Wild West
Bump.

Even though I swore I would never take another one of their listings again-- I got one today.

THIS one had a real listing agreement with my name, brokerage (although it was an OLD brokerage and I don't know why that wasn't updated-- my other assets were). Yes, it had a commission rate and all. I was so amazed. Until I saw the Addendum, and it was all messed up. Several choices there, a 2% listing with a 1% cobroke on net, a 6% listing, and some other kind.

So I gave it to my DB and he couldn't figure it out, either. Stumped a 30+ year broker. I don't feel so bad.

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#303095 - 08/18/09 09:15 PM Re: Help----Green River Listing [Re: DueDiligence]
thereoguy Offline
Member

Registered: 08/12/09
Posts: 114
Loc: USA
So I know this is old, but I had to give a plug for GR as they are one of my top REO clients. It stinks that you guys had bad experiences with them, and no one was around to help out with it, but they are one of the good companies out there to work with. (Except for the stupid $5 bucks to get my own money back crap.)

For future reference if anyone has ?s about GR stuff, feel free to shoot me a PM or post it on here for all to see. And if you do get a listing from them try to do a good job on it as they now have thier preferred agent program in place, and if you do a good job, they'll hook you up.

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#330950 - 03/12/10 07:34 PM Re: Help----Green River Listing [Re: thereoguy]
LizL Offline
Veteran Member

Registered: 08/27/05
Posts: 1323
Loc: Missouri
I received a GRC listing assignment today, so I will do as thereoguy suggested and post updates here.

The last GRC assignment I had was over a year ago. After doing the CFK (which GRC paid) and all of the initial work-up, I had it listed for only 42 days when the listing was pulled in the Citi transfer to AHMSI. I never did get my reimbursements for the property. Thank goodness I did not have to front the CFK money!

I know that the Citi thing was not GRC's fault, so I'll see what happens this time. I'll come back to the thread and post updates.
_________________________
REALTORŪ, Broker/Salesperson, GRI, ABR
REO listing/selling since 2004; BPOs

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