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Updated about 5 years ago on . Most recent reply

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13
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Toneisha Moore
3
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13
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Negotiating before or after contract

Toneisha Moore
Posted

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.

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,407
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13,372
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied
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.

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