Enter the complicated world of real estates


Commercial Broker Loan Fee Agreement

If you are a commercial loan originatorOr if you're working on a deal and not
you know how vital it is to protect yourexpecting to get any YSP from the bank
fee and your livelihood. Commercialand you're depending on the borrowerÂ
broker fee agreements are vital to yourto finally sign that fee agreement,
ongoing success.  Nothing hurts quiteafter they know who the bank is and what
like going through the entire process ofthey are offering, is also a seriously
underwriting a commercial mortgage allweak position to be. You're basically
to not get paid the fee you deserve. Âasking them to screw you. In all
Âseriousness you're putting them in a
We have learned this lesson the hardposition of real trust and if your
way. And have had loans where werelationship isn't rock solid they will
didn't get paid a dime, only a portionbe asking themselves "why do I need
or had to get a lawyer involved and gobroker Joe? I've heard of xyz bank.Â
through a long and painful process toI just didn't bother to call them. I'm
get paid.paying him how much?"
Have you heard a lender or bank sayYour commercial broker fee agreement is
something like "well we don't reallybasically your shield and armor (if that
have a formal fee agreements withisn't too corny). It will protect your
brokers, but we'll pay you a pointtime and assure that you will make it in
outside of escrow"?  If the hairs onthis business. By presenting your
the back of your neck don't stand up,agreement it will also set you apart as
than you haven't been screwed yet anda professional and clients will
are probably are just getting started asrecognize that you know what you are
a commercial loan broker.Âdoing. You will earn their respect.



1 A B C D E F 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137