Q: How much commission can a Buyer's Agent earn on a HUD Home transaction?

A: Buyer's Agents can earn up to 3% of the sales price on a successful HUD Home transaction. Buyer's Agents can elect to take less than this, but 3% is the maximum. Any amount of commission requested by the Buyer's Agent will reduce the buyer's NET TO HUD number which HUD uses to determine the winning bid.

Q: Does the seller offer any concessions to the buyer on a HUD Home transaction?

A: Buyers can request up to 3% of the sales price as a concession towards the buyer's typical closing costs for the area. Buyers can request less than this, but 3% is the maximum. Any concessions requested in the buyer's bid will be deducted from the NET TO HUD number which HUD uses to determine the winning bid.