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Updated over 12 years ago,
When buying regular/mls listed house - need to use a broker or no?
Hello All,
As I've mentioned before I'll be buying my first property within the next couple months. I've found a potential property I plan on visiting tomorrow that I found using loopnet. I was able to find the property and make a meeting without a broker so am wondering if I even need to use one or can use my real-estate lawyer to facilitate the deal? What are your suggestions?
I already know the price is right, cap rate is within range ofnwhat market is buying at, etc. I've never bought a property before so leads me to think I should use a broker just b/c of that but hate to pay a large commission when I did all the property finding work.
Please let me know benefits ofnusing one and/or how you're able to bypass using one and still cover your all your basis.
Really appreciate any and all advice!!