There are strict requirements that a licensee must follow. An Oregon real estate broker may handle a short sale if he or she does NOT charge any special fees related to the short sale, and that listing belongs to him or her. If a licensee engages in short sale negotiations and charges a fee beyond a normal real estate commission, the licensee MUST be registered with Department of Consumer and Business Services (DCBS). A real estate licensee negotiating the short sale for a portion of the commission is also not acceptable without a DMSP license.
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