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Updated over 5 years ago on . Most recent reply

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Cecilia Kim
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Private deal possible when listed?

Cecilia Kim
Posted

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!


  • Cecilia Kim
  • Most Popular Reply

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    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
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    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    Replied

    @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. 

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