Skip to main content

We have a buyer, do we need a realtor?

So the real answer is yes - we want our realtor to work with us. The real question is Can we ask for her help and not pay her full commission? (without being jerks)

We have a good relationship with our realtor and we reached out to her in the fall about selling our home and a rental property as we are leaving the state. She knew of an investor that might be interested in our rental home, but because of covid (gov restrictions) nothing's happened since that time.

In the meantime a friend said they want to buy our house, have made plans to sell their home and move in.

We still want to work with our realtor, particularly as we have the rental to sell. How do we say that since we have a buyer and won't be showing the property, we'd like to compensate her for document preparation and review? Or do we just ask the realtor to sell the rental and have a lawyer put together everything for the sale of our home?

tl:dr - As a seller how much do we compensate our realtor if we have a buyer already? Or should we just have a lawyer draw up the paperwork?

xpost - r/realtors r/personalfinance

submitted by /u/myerschr
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/l88916/we_have_a_buyer_do_we_need_a_realtor/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

How to Avoid Property Scams in Delhi?

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...