Naturally your relinquished property must be sold before you can take title to the new property, but its a great way to make the process as smooth as possible.Even though the time frames can feel daunting I find that 95% of exchanges from my clients are successful.

I have one done on a business that I sold on a contract.

So for every 100 properties sold maybe 1 is done via seller finance. 

He wanted me to sell the property for him, I knew it was paid off and I knew he didn't need the cash since I just sold a property for him a few months ago, so I presented the idea to him.

No copy and paste nonsense but I hope that's not what you're referring to as a "welcome troll."

Paid Cash, Sold on a Contract How did you add value to the deal?

You can see @Cheryl Vargas: @Desiree Alvarez: Discussion above to see how "gator lending" is sold to unsophisticated lenders.According to the guys in the video, these loans can be as low as $1,000 for a non refundable emd.

The contract states “listing broker compensation shall be paid if property is sold, exchanged, conveyed within 30 days after the expiration of the listing agreement or termination of this agreement etc etc etc etc”- our listing agreement was set to expire on November 30, 2024 but we terminated it early- does this mean he will be owed commission if one of the buyers ends up buying my house on say January 1?

All you did was add his name in and then copy and paste the rest of the message.

In general, properties being wholesaled are distressed and being sold as is.