| If you are a commercial loan originator
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| | expecting to get any YSP from the bank
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| you know how vital it is to protect your
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| | and you're depending on the borrower to
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| fee and your livelihood. Commercial
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| | finally sign that fee agreement, after
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| broker fee agreements are vital to your
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| | they know who the bank is and what they
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| ongoing success.  Nothing hurts quite
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| | are offering, is also a seriously weak
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| like going through the entire process of
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| | position to be. You're basically asking
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| underwriting a commercial mortgage all to
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| | them to screw you. In all seriousness
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| not get paid the fee you deserve.  Â
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| | you're putting them in a position of real
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| We have learned this lesson the hard
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| | trust and if your relationship isn't rock
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| way. And have had loans where we didn't
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| | solid they will be asking themselves "why
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| get paid a dime, only a portion or had to
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| | do I need broker Joe? I've heard of xyz
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| get a lawyer involved and go through a
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| | bank. I just didn't bother to call
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| long and painful process to get paid.
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| | them. I'm paying him how much?"
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| Have you heard a lender or bank say
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| | Your commercial broker fee agreement is
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| something like "well we don't really have
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| | basically your shield and armor (if that
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| a formal fee agreements with brokers, but
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| | isn't too corny). It will protect your
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| we'll pay you a point outside of
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| | time and assure that you will make it in
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| escrow"?  If the hairs on the back of
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| | this business. By presenting your
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| your neck don't stand up, than you
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| | agreement it will also set you apart as a
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| haven't been screwed yet and are probably
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| | professional and clients will recognize
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| are just getting started as a commercial
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| | that you know what you are doing. You
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| loan broker.Â
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| | will earn their respect.
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| Or if you're working on a deal and not
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