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Updated about 10 years ago on . Most recent reply

User Stats

30
Posts
1
Votes
Joshua Iachini
  • Pittsburgh, PA
1
Votes |
30
Posts

Eliminating Transaction Costs

Joshua Iachini
  • Pittsburgh, PA
Posted

I own a flip that I was unable to sell, so I am currently leasing it out. The tenant has fell in love with the home & has approached me about buying it outright. We've built a good relationship & now I'm wondering what the two of us can do in order to keep transaction fees during the closing process to a minimum. We have a mutual real estate agent that is going to do the buy & sell at 4%, so I'm saving 2% right there. Is there anything else anyone can think of to save on other closing costs?

Thanks, BP!

Josh

Most Popular Reply

Account Closed
  • Real Estate Agent
  • Las Vegas, NV
1,347
Votes |
2,334
Posts
Account Closed
  • Real Estate Agent
  • Las Vegas, NV
Replied

did the agent bring you the tenant? You dont need an agent to sell a property

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