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Updated over 10 years ago on . Most recent reply

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Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
30
Votes |
178
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how to get a realitor to sell a sub 2 house

Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
Posted

I have a house that I did a subject 2 on and I have a deed but I have not filed it and she will not list the house until I file the deed, why is this? One thing I have learned in RE investing is sometimes it is better to control the property than to actually own it.  How do I explain it to her bc I want to use her on other deals that I want to wholetail and some of my subject 2 deals.

Most Popular Reply

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Usually, if you don't Own it as per public records, an agent can't list it, as per MLS and individual Broker rules. Why would you Not record the deed. Trying to avoid transfer fees, limit liability if something blows up? The title co. nor the lender for the new buyer aren't going to close the transaction from you, unless and until you've recorded legal ownership anyway. The "chain" of title in the public records needs to be unbroken.

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