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Updated over 6 years ago on . Most recent reply

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294
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Kate J.
  • Rental Property Investor
  • Austin, TX
104
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294
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Moving to multifamily investment

Kate J.
  • Rental Property Investor
  • Austin, TX
Posted
Hi, I have an RE license. I wonder how does it work with purchasing multies (>4 units). Should I expect a coop comission during the transaction or only the selling broker gets %? How about the properties that did not hit MLS and are selling before market? Ive penciled out several properties, but it would be nice to know if I can be a buying agent for myself?

Most Popular Reply

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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
3,661
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3,020
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
Replied

If you’re looking at buying larger multi-family, I would take your realtor hat off and deal directly with the listing broker with getting your commission. brokers want to “hog” the deal and will likely not favor you as much if your expecting a commission and competing against others.

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