All Forum Posts by: Kyle Hess

Are you offering on market or off market? If off market, talk to a title company or a lawyer depending on whether your state is a lawyer state - they may have templates you can use.

If you are offering on-market talk to the listing agent if you really don't want your own agent and ask them if they will charge you a buy side commission if they represent you in the transaction.

I'm not sure yet if I'll be purchasing on or off-market. I'm looking at both right now.

I understand I could ask the seller's agent for dual representation but I think that defeats the purpose of not using an agent.

Why are you so against using an agent? If you have never done a deal before then possibly spending a few thousand dollars to have professional guidance would be smart. You can always ask the seller to cover the cost of your agent. For all of my flips since the rules changed last year we have still been offering the buyer's agent commission so the buyer is not paying their agent.

I recently sold my first piece of real estate without an agent and had very successful results, which is why I'm looking at purchasing without an agent as well. I feel like a deal would be much easier to obtain if the seller knows they don't have to pay commission to the buyer's agent. It's more money in their pocket which could result in more money in mine as well. Thoughts?

Yes, if you are going off market you are correct.

If it is on the market anyway it wouldn't hurt to approach the listing agent and tell them they can keep the buyer's agent commission or give it back to the seller to make the deal more attractive to the seller.

That makes sense. Thank you for your input.

1 Vote

Atlanta, Georgia

Quote from @Tim Delaney:

Quote from @Kyle Hess:

Quote from @Tim Delaney:

Are you offering on market or off market? If off market, talk to a title company or a lawyer depending on whether your state is a lawyer state - they may have templates you can use.

If you are offering on-market talk to the listing agent if you really don't want your own agent and ask them if they will charge you a buy side commission if they represent you in the transaction.

I'm not sure yet if I'll be purchasing on or off-market. I'm looking at both right now.

I understand I could ask the seller's agent for dual representation but I think that defeats the purpose of not using an agent.

0 Votes

Atlanta, Georgia

Quote from @Tim Delaney:

Are you offering on market or off market? If off market, talk to a title company or a lawyer depending on whether your state is a lawyer state - they may have templates you can use.

If you are offering on-market talk to the listing agent if you really don't want your own agent and ask them if they will charge you a buy side commission if they represent you in the transaction.

I'm not sure yet if I'll be purchasing on or off-market. I'm looking at both right now.

I understand I could ask the seller's agent for dual representation but I think that defeats the purpose of not using an agent.

0 Votes

Atlanta, Georgia

I have been searching for my first investment property to fix-and-flip in Georgia but feel completely stuck when it comes to understanding how to give a formal offer once I'm ready. The forms used in Georgia are copyrighted and only to be used by licensed agents. How would I get around that as an investor?

0 Votes

Atlanta, Georgia

For house-flippers, which social media channels would you recommend? Who is worth following?

0 Votes

Quote from @Kevin Ivey:

if you have all of that I hope you have a screwdriver also. that's a pretty intensive list more than most home inspector bring

Ah, a very obvious tool I missed. Thank you.

Although the list may seem intensive, I look at it like this: The total cost of all these items can be much lower than the cost to repair a hidden surprise after purchasing a property to flip.

0 Votes

I'm building a list of tools you could have handy while touring a potential fix-and-flip.

Is there anything you would add to this list?

Flashlight
Tape measure/Laser measure
Paper/Pen/iPad
Binoculars
Receptacle tester
Level
Marble
Drone
Respirator/Face Mask/Eye Protection/Gloves
AQI tester
Water pressure gauge
Thermal camera
Endoscope camera
Knife

2 Votes

I'm currently using Houzeo to sell my home as a FSBO and I've been very pleased with the service and value so far. They've been very communicative and helpful throughout the process.

1 Vote

Gatlinburg/Pigeon Forge, Tennessee

All Forum Posts by: Kyle Hess

Kyle Hess has started 3 posts and replied 8 times.

Post: Making Formal Offers Without An Agent

Post: Making Formal Offers Without An Agent

Post: Making Formal Offers Without An Agent

Post: Making Formal Offers Without An Agent

Post: House-Flipping Social Media Channels: Who's your favorite?

Post: What tools would you bring with you when touring a potential flip?

Post: What tools would you bring with you when touring a potential flip?

Post: FSBO MLS Flat Fee Listing Service