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Updated about 6 years ago,

User Stats

44
Posts
8
Votes
Brian Midden
  • Flipper/Rehabber
  • Kansas City, MO
8
Votes |
44
Posts

Residential Purchase and Sale Agreement- Kansas City

Brian Midden
  • Flipper/Rehabber
  • Kansas City, MO
Posted

I am needing some help on filling out a purchase and sale agreement when you are a licensed agent purchasing from FSBO

Does anyone know if you have to pay brokerage fees when you are a licensed agent purchasing a property for yourself from a FSBO?

I am wholesaling properties and will be purchasing them off- market. I spoke with my broker and they are stating that I can waive the commission but will still have to pay a brokerage fee. I find this unusual, I have spoke with many licensed investors and they state that they do not pay any brokerage fee if they are purchasing a property themselves. 

Any input or advice on filling out a purchase and sale agreement would be appreciated. Please only comment if you are a licensed investor with experienced purchasing properties for yourself.