All Forum Posts by: Rodney Crawford

@Bill S.

Thanks for your thoughts here. We ended up paying the full commission as I think it was the right thing to do but we also had not excluded the buyer contractually. It’s a high value property $725k so not chump change we were paying for commission but think it’s the right thing to pay for her efforts. Appreciate everyone’s thoughts and help here.

I am in the process of trying to sell a piece of land in Colorado and was showing the property on my own for a few months as for sale by owner, I am not an agent, but then about two weeks ago I engaged a realtor. I had received an offer before working with her that was extremely low. That same buyer has come back now, she re-showed the land to him and he made another offer we are considering.

The question is should I give her full 5% commission on this and/or is it appropriate to negotiate the commission payout due to working with the potential buyer previously, or completely negate the commission payout? Thanks for your time and opinions.

Just getting started in the buy and hold rental game in Phoenix and was hoping to fund my first deal with a HELOC from my primary residence. I have 5 calls scheduled with lenders in the coming days but I am hearing that with the uncertain economic times many banks aren't offering or are lowering risk tolerance for these types of loans. Has anyone ran into this and if so any pointers or suggestions of banks that are still lending in this fashion? Thanks.