Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 13 years ago on . Most recent reply

User Stats

42
Posts
2
Votes
Brett O
2
Votes |
42
Posts

HUD offer question, increasing chances of winning bid

Brett O
Posted

I have been searching all over the internet and can't find the answer to this... Hypothetical situation: Person 1 puts a bid in on a HUD property for $30K using a buyers agent, person 2 also puts a bid on the property for $30K BUT uses the listing broker. Both offers are cash. Will HUD be more likely to accept person 2's offer because he used the listing agent and HUD doesn't have to pay a fee to the buyers agent? I know HUD always goes with the best net offer (most money in their pocket). Would the net be better for HUD if someone didn't use a buyers agent???

Cheers to whoever answers this as I failed to figure it out after extensive google searching...

Thank you BP! :D

Most Popular Reply

User Stats

42
Posts
2
Votes
Brett O
2
Votes |
42
Posts
Brett O
Replied

Thanks John, that helps clarify things for me. So if I were to make an offer directly through the listing agent instead of using my buyers agent would the listing agent get both sides of the commission, or would HUD just not have to pay a buyers agent commission thus making the net offer look better to them?

Loading replies...