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All Forum Posts by: Derek Fortin

Derek Fortin has started 1 posts and replied 2 times.

Post: Help with ethical deals

Derek Fortin
Pro Member
Posted
  • Posts 2
  • Votes 0
Quote from @Chris Seveney:

@Derek Fortin

If you contacted a buyers agent and made an offer and are now waiting then yea that is unethical and you should not have contacted seller directly

If it’s a sellers agent it’s gray if you wait for listing to expire as just realize a buyer could come along at any time.

Lastly what paperwork did you sign?

Chris I really appreciate you replying to my question. The $30k savings is great but my integrity is more important to me and I’m not trying to screw anyone up as much as I am trying to just make the best deal for me.  I contacted the seller because after the deal didn’t go through the listing was expired and removed. it has been 3 months since the deal fell through and it is still currently not listed. I did not sign anything after the original deal.

Post: Help with ethical deals

Derek Fortin
Pro Member
Posted
  • Posts 2
  • Votes 0

I am a new investor trying to get my first deal. I found a property, contacted an  agent, made an offer. The original deal fell through. I contacted the seller directly. They are willing to sell the property to me discounting the realtor commissions after the contract with the selling agent is up. I do not want to do anything unethical or to jeopardize myself legally. Is there anything wrong with making this deal now without the realtors saving the money on their commissions?  It would save me $30k. Please help