Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Broker is requiring CSA (I am the buyer)
Hey guys. I would love some guidance on this, as this is the first time I have encountered this situation.
A seller's broker (I have purchased a 16 unit apartment from this broker before) is trying to get me to sign a CSA that has me paying out 5-6% of the sale price. I am the buyer. The CSA only pertains to this property.
I don't know much about this deal, other than it is in a market I like, and it is a 16 unit apartment complex. They won't release it to me without me signing a CA and a CSA. He says he has another buyer on it already that is interested.
Have any of you encountered this situation? Should I sign the CSA?
Thank you, guys!