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Updated almost 5 years ago on . Most recent reply
Other ways to pay a realtor
Ok so I am about to close on a property, once the lender finishes their loan committee, and my realtor is being paid of course via the seller at closing.
However, is they a way to legally ask for a credit of those funds and pay the realtor via another method? Via rent profits or just a monthly amount until paid back. The deal was and is amazing however the lender needs me to bring another 125,000 to the closing table. I have almost all of it but roughly the amount that my realtor is being paid. Not trying to take from them at all and I’d be willing to add 500-1,000 to make it worthwhile. Just wondering if that is a legal way to accomplish i?
Thanks
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Originally posted by @Account Closed:
Ok so I am about to close on a property, once the lender finishes their loan committee, and my realtor is being paid of course via the seller at closing.
However, is they a way to legally ask for a credit of those funds and pay the realtor via another method? Via rent profits or just a monthly amount until paid back. The deal was and is amazing however the lender needs me to bring another 125,000 to the closing table. I have almost all of it but roughly the amount that my realtor is being paid. Not trying to take from them at all and I’d be willing to add 500-1,000 to make it worthwhile. Just wondering if that is a legal way to accomplish i?
Thanks
The answer is yes any realtor can have their commissions to be credited into a deal, legally.