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Updated 8 months ago,
Buyers agency agreement - OFF MARKET property
Hey BP,
I found a property that was not on the MLS and was off-market FSBO.
I have a buyers agency agreement with a real estate agent in the county that this property is located.
Is it legal to do an off-market transaction straight through the title company without using the agent? Said agent did not find the property, has not spent time talking with the seller or negotiating, but is aware that I am interested in this property. This property is not on the MLS. I've been working with this agent for about a month and a half.
My preference is to go straight through the title company, put that money into renovations, and send the agent a couple hundred dollar gift card to Amazon for their time.
Would be incredibly grateful for any insight.
-Ben, aspiring multifamily house hacker