When talking to a homeowner with a house listed by a Realtor, there is a conflict that brings up a valid source of resistance. What do others on the forum think about this as a solution when the exit strategy is to put the house under contract and then assign the contract to a tenant/buyer?
The Realtor’s main concern is that he or she collects the commission from sale of the property. I share that concern. If your Realtor finds a buyer before I find and screen a tenant/buyer who you approve, you will most likely pay 100% of the Realtor’s commission. I’ll walk away with no hard feelings. If I find a tenant/buyer before your Realtor, I propose that my buyer pay one third of the commission, I’ll pay one third, and you pay one third. The buyer gets a nice house, you get your mortgage paid each month, you have no responsibility for repairs (after the first 30 days), and your Realtor gets paid. Everybody is happy.
When talking to a homeowner with a house listed by a Realtor, there is a conflict that brings up a valid source of resistance. What do others on the forum think about this as a solution when the exit strategy is to put the house under contract and then assign the contract to a tenant/buyer?
The Realtor’s main concern is that he or she collects the commission from sale of the property. I share that concern. If your Realtor finds a buyer before I find and screen a tenant/buyer who you approve, you will most likely pay 100% of the Realtor’s commission. I’ll walk away with no hard feelings. If I find a tenant/buyer before your Realtor, I propose that my buyer pay one third of the commission, I’ll pay one third, and you pay one third. The buyer gets a nice house, you get your mortgage paid each month, you have no responsibility for repairs (after the first 30 days), and your Realtor gets paid. Everybody is happy.
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www.EBFsellshouses.com