Didn’t know which forum to put this one in…
Started talking to myself this morning, more like yelling, about the fact that I am afraid of the damn phone. Shouldn’t be. I wasn’t when I was in sales or collections. But I can’t seem to do it. Then after my episode (which surely would’ve gotten me thrown in a padded room if anybody had been home) I started thinking…And not an original thought I’m sure
Has anybody used a realtor as a buyer’s agent to approach FSBO’s. I’m thinking if I can find the right realtor and expain to him/her what I want to do, how I want to do it and when I want it done by, that could 1) allow me to leverage time (at a cost I know) 2)use somebody else’s more thorough knowledge of the local RE market (for right now) and 3) possibly speed up the location of a acceptable endbuyer or investor if it is just to flip. NO I haven’t worked out all the details in my mind yet, but is formulating quickly. The Realtor would ideally have an excellent working relationship with a mortgage broker, would be willing to defer the commission on the purchase until I sold the property listed with the same realtor. I don’t even know for sure what the rate is for buyer’s agent but I thought I saw like 2.5%. So I would offer 3.5% for deferring PL.US guarantee minimum of 4% when they sold the property. Minimum being in case buying party brought their own BA into the deal. Plus because the property would need to be moved quickly I could offer another 1-1.5% if (s)he could move it in say 2 weeks. I 'm just pulling numbers out of my arse, but y’all get the gist. Comments or suggestions, particularly from the realtors here. No I am not trying to give money away, but I am willing (for right now) to give away… :eekwow I just did some math. I hear some of you laughing. Ok realtors, help with this one. How could I do this? Flat fee for bringing a buyer…
Sorry everybody I’ve gotten in the habit of typing out my thought process (I’ll leave the persona stuff out :cool), but I figure I’m gonna be here awhile so folks might as well know how I think. Someday you’ll be asking ME for advice … :biggrin ( I could only hope)