OfflineI see a lot of people making multiple offers through their realtor. When an offer is accepted and I plan on assigning it to an investor or retail buyer, how does my realtor get paid, since I get out of the contract?
Since a lot of realtors are not familiar with assigning a contract, when and how do I explain this to my realtor?
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One way or the other,You make sure they get paid.Team always comes first!
Randy
2birds-----1stone
"MAKE YOUR ACTIONS COUNT"
If the property is listed on MLS, then the commission will be paid by the sellers Broker. If you are purchasing property that is not listed, then you would need to get an agreement from the seller to pay the fee, or it would be your responsibity. In all cases,the contract is written so that your Agent is representing the buyer, even it it is assigned to someone else.
Al
"NOW GO FIND A DEAL"
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Watch your words; They become actions,
Watch your actions; They become habits,
Watch your habits; They become character,
Watch your character, it becomes your destiny.
Frank Outlaw