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Updated over 3 years ago on . Most recent reply

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Aharon Najafi
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Seller financing with agent involved

Aharon Najafi
Posted

Creative financing is key when you’re working with sellers that have a price in mind and in many cases it may work out better for you in the long run. Now there’s various different options for creative financing one of which is pretty popular. Seller financing.

This works very well and it’s pretty clear-cut when it’s just you and the seller having negotiation.

However, what if there is an agent involved?



The agent expects certain things… how do you get a seller’s agent on board with seller financing?

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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
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974
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@Aharon Najafi

If it is listed on the MLS, the seller and listing agent have already agreed to commission terms that the seller will be paying. In order to make your deal work and have the agent support it, You'll need to make sure there is enough cash in your down payment to fund the agent commissions. Also, you'll need to keep all of the sellers current financial situation in mind like outstanding loan, etc so that it makes sense for them and they don't need the full lump sum balance.

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