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Updated over 4 years ago, 06/20/2020

User Stats

52
Posts
11
Votes
Michael Lettieri
  • Homeowner
  • Jersey City, NJ
11
Votes |
52
Posts

How do you buy Real Estate without an Agent?

Michael Lettieri
  • Homeowner
  • Jersey City, NJ
Posted

I would like to buy real estate without an agent. I'm looking at properties around $1,500,000. With the standard 2.5% commission that is a savings of $37,500. 

1. How do I make the buyer aware of the savings they would realize if go with my offer versus a standard real estate agent?

2. Are there standard forms I can utilize for my initial offer and the contract?

3. What is the best way to notify a listing agent that you do not plan to use an agent? Whenever I contact a listing agent they try to act as a double agent and get double commission. How do I make it clear that I am not interested in utilizing them as my agent? Thank you in advance.

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