I was the listing agent on a short sale that was approved. However, the deal is falling apart because the buyer isn’t getting qualified for the loan.
Being that I was the agent on the house, can I step in and tell the bank that I want to buy the house for myself at the approved price?
Would this be a conflict of interest? Would they still pay me a commission, and if not, then I can always charge it as a 3rd party short sale negotiation fee.
Is there anything I should be aware of?