******SIGN UP FORM AT THE BOTTOM******
Washington Mutual has been reducing commissions past to point of acceptability. It is time that we bring this up to upper management and show them we mean business. We know thousands of you who visit here sometimes on the daily know where we are coming from. For those that don't here's the low down:
Washington Mutual, one of the slowest processing companies out there, who on top of everything does not provide you times frames and consistently close out files due to their own errors is cutting commissions past the acceptable 5%. At this time the lender, after making you wait for 120 days or more, is asking, no DEMANDING, that you reduced your commission to 5% of their net proceeds from the sale versus the customary commission that is based off of the gross purchase price! After the banks make us and our clients got to heck and back this is in no way appropriate.
We think that it is about time that we brought this to the attention of many which includes upper management at Chase, as this is not a blanket policy but one that WaMu has developed on their own, the media as this is something that must have widespread disapproval before we may all see any change take place for all our efforts put forth and we must bring this to the attention of our brothers and sisters in the real estate industry. We must act now accordingly.
Please send this out to as many people as possible, agents, brokers, processors and negotiators. Don't forget if you let them take an inch they will take a mile!
If you have any additional questions please let us know by contacting our customer service directly 888-934-3444.
Jonathan Katz,
We work twice as hard to get gouged even further than we deserve. They make our lives difficult and make it near impossible to get the job done. Yet they still find the time to cut our commissions even further than 5%. This has to end!
Lyonel Katz,
Janet Graham,
xxxxxxxx,
Terry Iwaniw,
Ram Chandrasekaran,
Jason Davis,
The agent's work their asses off, don't cut them lower than they deserve!
Lorraine Adkins,
The Banks helped make this disaster, Realtors are trying to lessen the problems by helping Homeowners sell their homes & finding Buyers willing to purchase these homes. The account managers & loss mitigation departments go home with a full paycheck, but God forbid we're allowed a paycheck for DOING OUR JOB.
Scott Morris,
Alyce Lentz,
Would you want your pay cut? Remember we do not get a salary
Jonathan Katz started in the Loss Mitigation industry in early 2000's. He worked for the one of the largest loan servicers in the US in their loss mitigation/foreclosure department. Through a work flow of 600 cases a month and several years of experience he created an organization in 2005 dedicated to helping homeowners. Now he is taking the next step and putting out the information that even professionals will benefit from.
Sign In Here
