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Updated about 14 years ago on . Most recent reply

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56
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11
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David D.
11
Votes |
56
Posts

Making Offers on REO

David D.
Posted

Will I have better success if I make an all cash offer myself as a broker, or, make the offer through the listing agent?

I can offer a little more if I make the offer myself because I get part of the commission, but, I'm thinking I might have better overall success having the listing agent get the commission because (s)he might work harder and possibly have sway with the seller.

Most Popular Reply

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142
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103
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Matt Kearney
  • Real Estate Investor
  • Springfield, MA
103
Votes |
142
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Matt Kearney
  • Real Estate Investor
  • Springfield, MA
Replied

I am a licensed agent and will often give up my end of the commission to the other agent in order to incentivize them a little to push my deal through.

If giving up a small piece of the commission gets me a real good rehab deal with a $20k-$30k profit I think it's well worth the trade off.

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