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Updated over 2 years ago on . Most recent reply

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Denzel Faulken
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Should I represent my self when purchasing rentals

Denzel Faulken
Posted

Hello everyone,

I was wondering for the investors that has their real estate license. Is it a good strategy to let the listing agent represent you in a transaction to get the deal. Or should I represent my self to save money. I am not really worried about the commission I just want the deal. but I wanted to know what others are doing?

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Joe Norman
  • Investor, Realtor
  • Baltimore, MD
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Joe Norman
  • Investor, Realtor
  • Baltimore, MD
Replied

The listing agent doesn't "represent" a seller and a buyer at the same time (at least not in Maryland). I believe the situation you are referring to would be a represented seller, and an unrepresented buyer. HOWEVER if the buyer is also a licensed agent are they really unrepresented?

It sounds like what you're trying to do is allow the listing agent to keep the buyer's agent portion of the commission. I would imagine that you can just write that into your offer - as long as its disclosed to the seller I don't see a problem with it (your broker might, though, assuming they take a % of the commission you earn).

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