I listened to a podcast that someone (whose name I am blanking on) discussed their preference in 200+ days listed, as it can lead to a better deal being made with a desperate seller.

But McCall is desperate for rentals so the hardest part was vetting the tenants

Example if a volume listing broker has below market rate co-op of 1.5 to 2% to buyer broker then buyer might be required to buyer broker to pay 1% more of the purchase price to meet a minimum fee agreement.It's more rare to find a highly experienced commercial buyers broker as most senior directors stay on the listing side with teams and have junior agents do the grunt work and marketing and screening of buyer leads that come in to see if they are worth anything.Like anything in life you pay for the experience level.You can get junior agents desperate to make a buck to keep their lights on and feed their families that will work for whatever but they have limited networks just starting out and almost no knowledge or experience.The buyer can focus on the 20k or 40k extra they pay to a highly skilled buyers broker and decide instead to work with a junior agent and then get hit with a 1 million mistake to their investment capital.I am not talking about big funds, REIT's, developers that have bought hundreds of times and do their own thing.

The seller was in need to sell ASAP so he could move on with his life after his mother's deathI wanted to invest to gain some experience and move towards my goalsThe tenant was desperate to find a place for his family of 5 after being kicked out of his previous house by the heir of the property after the landlord's death.Both the seller and my tenant became my friends.

The seller was in need to sell ASAP so he could move on with his life after his mother's deathI wanted to invest to gain some experience and move towards my goalsThe tenant was desperate to find a place for his family of 5 after being kicked out of his previous house by the heir of the property after the landlord's death.Both the seller and my tenant became my friends.

Desperate sellers do desperate things.

I have tried desperately to find a partial exchange calculator but to no avail.  

Someone offering 30% for 3 months, with a “1st lien” position is either desperate or scamming....I’d pass, but I’d do some research to see what the angle is, just for future knowledge.  

Its unethical to take their fee if you have several qualified applicants already in queue.Don't take advantage of desperation for a couple hundred bucks.

@Chelsea Ziss you desperately need an accountant to advise you.