Off Market Deal Offer

[Lucas Allmon]

Hi all, I'm meeting a seller about an off market deal tomorrow and he is not interested in going through agents. He doesn't like them. Perhaps he's trying to avoid the commission, but that could mean he's not as motivated as he claims he is.  

It could be a good deal, but that makes me a little nervous since I don't really know the process yet.

What would be the best way to make an offer if it comes to that, which still protects me and encourages the seller to do what he needs to do?

Is there an offer example someone can point me to to doing these kinds of things?

[Sandra Park]

Hi Lucas,

I'm in LA, and happy to help you. Just make some rapport when you meet him, ask about condition of the home, foundation, roof, sewer if he knows. Everything else should cost less than these big ticket items if needed to be repaired. 

If you like it, ask him if he could put up a small amount, like 1% or half a percentage point, of the price so your friend can help you through the process, and get the escrow/title squared away. Seller's are supposed to pay the commission traditionally, though in commercial you do see it both ways - buyer or seller pays or both contribute to the agents commission). Remember, the Seller is trying to evaluate how serious you are as a buyer as well. If you look serious, perhaps he'll consider. 

I can help you with those aspects, (Contract, escrow, inspections, timeline ) and I can charge an hourly fee if that works for you too. You can contact me through my profile email. Good luck!

Best, Sandra