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Updated about 5 years ago on . Most recent reply
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Negotiating before or after contract
Good morning BP community,
I'm back with another question lol I'm still learning. I need to know if there is a way to negotiate a assignment fee with a cash buyer before getting the property under contract? I don't want to risk getting the house under contract and not able to find a buyer or worse advertise the property as if I'm selling it or already have it under contract. I just want to make sure I'm doing this legally and right. Please help! I currently have 2 great opportunities but again want to make sure I do this the right way. Any advice is greatly appreciated. Thanks in advance.
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Originally posted by @Toneisha Moore:
Good morning BP community,
I'm back with another question lol I'm still learning. I need to know if there is a way to negotiate a assignment fee with a cash buyer before getting the property under contract? I don't want to risk getting the house under contract and not able to find a buyer or worse advertise the property as if I'm selling it or already have it under contract. I just want to make sure I'm doing this legally and right. Please help! I currently have 2 great opportunities but again want to make sure I do this the right way. Any advice is greatly appreciated. Thanks in advance.
I don't negotiate my fees. I just have them. If the buyer wants the property, they pay it. My suggestion is don't get greedy. I charge $5k standard. If the deal is large, then I charge more based on the size of the deal.