Posted by Sally on August 21, 2001 at 11:16:48:
You are going to pay the RE agent a 10% commission on a property you are buying? The seller will most likely only have a 6% deal with the listing agent, and your agent would only get half of that, so are you saying that you are paying the other 7% out of your own funds? I would re-think this if I were you as you will kill a good part of your profit just paying commissions to people who would probably do it for the chance at the 3%.
A Quick Hello - Posted by lamarr in Sacramento
Posted by lamarr in Sacramento on August 20, 2001 at 23:20:47:
Nothing major to report, I just feel it’s been too long since I even said “Hi,” I’ve just been doing lots of reading here and putting up flyers and bandit signs. I got two RE agents looking for properties for me, I told them I’d write in a 10% commission on a property that I bought that they turned me on to. After thinking about it, I think I’m going to try to make this deal for the condo work, worst case, I can’t make it work and …NEXT! Gotta get on the horse. Special thanx and gratitude to JimFl, JP, Joe Kaiser and StacyAriz I learn sooo much from you guys especially and I just wanted to say, in front of God and everybody else, THANK YOU!