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Updated almost 10 years ago on . Most recent reply
![Joshua Iachini's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/209575/1621433385-avatar-wojosh6.jpg?twic=v1/output=image/cover=128x128&v=2)
Eliminating Transaction Costs
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
did the agent bring you the tenant? You dont need an agent to sell a property