Comments on: ‘Blended fees’ do not violate RESPA http://www.parjustlisted.com/archives/3226#utm_source=feed&utm_medium=feed&utm_campaign=feed Your source for real estate news from the PA Association of Realtors® Wed, 08 Feb 2012 15:24:26 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Brett Woodburn http://www.parjustlisted.com/archives/3226/comment-page-1#comment-437 Brett Woodburn Fri, 05 Feb 2010 15:41:04 +0000 http://www.parjustlisted.com/?p=3226#comment-437 HUD does not require one form, that is convention. Through RESPA, HUD requires fees to be disclosed. Certainly separate forms for buyer and seller may be used provided each form is accurate. HUD does not require one form, that is convention. Through RESPA, HUD requires fees to be disclosed. Certainly separate forms for buyer and seller may be used provided each form is accurate.

]]> By: Art Bowen http://www.parjustlisted.com/archives/3226/comment-page-1#comment-435 Art Bowen Fri, 05 Feb 2010 03:49:33 +0000 http://www.parjustlisted.com/?p=3226#comment-435 Why is the HUD still showing both Buyer and Seller on one form? Back in the 70's there were two forms: one for buyer and one for seller. Why should one know the business of the other. Plus it creates Realtor issues when they see what the Listing company charged versus what they are getting. Just because the Listing agent was able to get a greater fee does not mean the Buyer agent deserves half. When are we going to charge our Client for our services? The Listing Agent should charge the listing fee and the Buyer Agent charge what they feel their services are worth. Two forms for HUD is my recommendation. Where is the Clients privacy? Why is the HUD still showing both Buyer and Seller on one form? Back in the 70′s there were two forms: one for buyer and one for seller. Why should one know the business of the other. Plus it creates Realtor issues when they see what the Listing company charged versus what they are getting. Just because the Listing agent was able to get a greater fee does not mean the Buyer agent deserves half. When are we going to charge our Client for our services? The Listing Agent should charge the listing fee and the Buyer Agent charge what they feel their services are worth. Two forms for HUD is my recommendation. Where is the Clients privacy?

]]> By: Brian Luce http://www.parjustlisted.com/archives/3226/comment-page-1#comment-434 Brian Luce Fri, 05 Feb 2010 01:22:20 +0000 http://www.parjustlisted.com/?p=3226#comment-434 Brett, Thanks for the update. I've been looking forward to hearing HUD's decision on this. Brian Brett,

Thanks for the update. I’ve been looking forward to hearing HUD’s decision on this.

Brian

]]> By: Melanie McLane http://www.parjustlisted.com/archives/3226/comment-page-1#comment-433 Melanie McLane Thu, 04 Feb 2010 18:03:08 +0000 http://www.parjustlisted.com/?p=3226#comment-433 Brett Great post on a timely topic! Brett
Great post on a timely topic!

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