Bugs,
You are in fact reading it all wrong and your comment is ignorant and insulting.
Its a tough market right now and as SD Realtor said in a previous post, there’s nothing wrong with asking an agent to share a portion of their commision with you.
The only way it would be considered mortgage fraud is if we were adding an extra 5k into a loan amount that would be handed back to me by the mortgage company after close of escrow – in others, a kick-back. If that’s what I was trying to do, then it would be an issue to addresss with my lender, not a realtor.
What I am asking is for a realtor to share $5,000 of a $17,000 commision with me, in exchange for them providing very minimal work, as I am doing all the real footwork myself.
