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Updated over 5 years ago on . Most recent reply
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Private deal possible when listed?
First time posting!
Looking at a pre-foreclosure in the LA area and the owner wants to sell directly but also has it listed.
Can you put a property under contract privately or must you put it an offer with the realtor?
If he signs a contract with me while still listed, would any agreement with the realtor void my contract?
Thanks in advance for any insight!
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Wayne Brooks
#1 Foreclosures Contributor
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@Craig Jeppesen Not exactly....the listing agreement is for set %, say 4.5-6% which includes what the ludying broker Would pay to a buyer’s brokerage but it typically doesn’t get cut in half just because the buyer has no agent.