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Message
re: Real Estate Question
Posted on 6/4/18 at 2:44 pm to CubsFanBudMan
Posted on 6/4/18 at 2:44 pm to CubsFanBudMan
quote:
Example: House is listed for $250k. I need to clear $225k. If the seller is not paying any closing cost or commissions, then the buyer can offer $225k and I would accept it. If the buyer brings an agent, and that agent wants 3% commission, I now can't accept any offer below $232k. Throw in some money towards closing costs, a home warranty, etc, and my bottom line price increases.
100%
I bought my house FSBO without an agent, and subtracted 3% from their asking off the top. Then I negotiated closing costs, etc...
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