SSNAP Short Sales
Ph: 801.598.9310
information@ssnap.net

SSNAP Pricing for Services

SSNAP Short Sales is focused on the success of the agent and is here to help. For the reason we have two options for file pricing, depending on the agent and how much the want to be involved. The options are 1) SSNAP Short Sales processes the file or 2) SSNAP Short Sales processes and negotiates the file in behalf of the agent. Here is how the options are different.

Processing only:
SSNAP Short Sales will do all the upfront work on the file including but not limited to file set up with the bank/lender, fax all docs, follow up on docs, get sales dates, have sale dates postponed/held/cancelled up until a negotiator is assigned to the file. At that time the responsibilties of follow up, submission of documents, negotiating, etc. are in the hands of the real estate agent.
The charge for this service is a flat fee fo $750.00

Processing and Negotiating:
SSNAP Short Sales will do all the work on the file with the bank/lender up until the file is approved.
The charge for this service is 15% of the listing agent's commission or $750.00, whichever is more.
For example:
If the bank pays a 6% commission, giving the listing agent 3%, SSNAP gets paid 15% of the 3% commission.

Sales Price = $100,000.00
Commissions @ 3% = $3,000.00 (15% of commission = $450.00)
Fee to SSNAP = $750.00

Sales Price = $300,000.00
Commissions @ 2.5% = $7,500.00 (15% of commission = $1,125.00)
Fee to SSNAP = $1,125.00

The fee payable to SSNAP can be paid by any party and is due at the time the short sale records and funds; simply put when the deal is done. We do not charge an upfront fee to get your file started, there is no obligation to the seller or the agent upfront. This makes it a cost efficient option for the real estate agent that wants to take advantage of the opppotunity short sales bring but not be slowed down by the phone calls and paperwork. Even better, SSNAP will put the negotiation/processing fee on the settlement statement sent to the third party lender for approval; any amounts approved by the third party lender will be credited towards the 15% or $750 fee due to SSNAP resulting in a lower fee paid by you the agent. This happens more often than naught and makes it a win/win situation for everyone. If the we can't get the approval from the short sale lender(s) then we don't get paid, plain and simple. What does this mean? It means we will work as hard as you would to get it done, making us your biggest asset when it comes to listing and selling real estate through short sales.