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Updated over 6 years ago,

User Stats

89
Posts
41
Votes
Nathan P.
  • Investor
  • Salt Lake City, UT
41
Votes |
89
Posts

How to get real estate agents to promote seller financing

Nathan P.
  • Investor
  • Salt Lake City, UT
Posted

Obviously there are some great benefits (both for buyer and seller) to putting together a seller financed deal that has been discussed in other forums.

This can work great when your negotiating directly with a seller off market. But when your analyzing deals listed by an agent how do you get that agent to advocate your offer to the seller?

The conflict I am seeing is that if the seller decides to hold the note for me or wrap a mortgage then the money is not due upfront and the agents commissions are supposed to come from that money.

Another problem is that a good majority of agents arent familiar with seller financing and may be afraid of the unknown. Most people in this situation would not want to sound incompetant so it would get ridden off as a low ball or bad offer.

How can some of these hurdles be overcome?

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