We just had a question from an agent who's been working with short sales and wondering how the ACRE consulting model might (or might not) fit in. Below is his question ... and my response. We encourage YOU to take part in this discussion ... what are your thoughts, concerns, and experiences when dealing with short sales, and do you apply the same or similar options with them as you would with the "normal" transaction.
QUESTION
I handle alot of short sales and have a question for you. When doing a short sale you cannnot charge a fee for you "extra" services. Not only is it illegal, it is unethical in my opinion. However, within the ACRE program I am wondering if you/me/we or someonewere to get a license with DFI, would that make it legal and ethical??