Hi, I am a first time property buyer looking at raw land to live off grid. I’ve kind of stumbled into an opportunity to buy some land off market at what appears to be significantly below market value. The seller is a friend of a friend of a friend. I am not signed with an agent—there is an agent I’ve been developing a relationship with over the phone but we haven’t met or signed anything, this property came up quick out of nowhere. What kind of representation do I need to proceed? Should I bring the agent I’ve been talking with (who I like) into the fold? If so, how would payment work since I found the property without him? What’s the difference between an agent and a closing attorney? The seller is experienced and savvy, says he is cutting me a great deal to help a young person get started in life, which may well be true, but I know I’m totally outclassed and need help…just not sure what help I need.
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source https://www.reddit.com/r/RealEstate/comments/1j8js0a/what_representation_do_i_need_to_navigate_an_off/
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