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Updated over 7 years ago,
How to offer on MLS properties
Hi everyone,
How you would start the discussion of seller finance for a property found on MLS when you are making an offer (I know, I know...using MLS not the best way to do this). Most things I’ve read have said that agents will discourage you from that (for fear of lost commission) but even then here are my questions:
1. How can you communicate with the seller to better understand their situation and customize terms when there is an agent in the middle?
2. How can you put the agents at ease that commissions will be paid out?
3. What would be your specific offer structure an offer on a property for 250,000 with seller financing? (Examples please)
4. Take the situation above and now how would you structure an offer if the seller wants to remain in one of the units?
A lot of questions, I know....but this is the most amazing real estate resource around, filled with the biggest brains in the universe so I truly appreciate all of your wisdom.
Sincerely,
Haney Mallemat