I say try because it also reduces transparency: After the changes, I won't be able to tell my buyer client if a given seller is going to pay the commission on their behalf just by looking at the MLS anymore.

Maybe it will help you get some work done and reduce the amount you need to pull from other sources. 

Hi Julie,We’re looking at a very similar situation with a house owned by an estate where one of the family members wants to remain in the house but at a significantly reduced rent rate.

But try to get an agent/broker to reduce his or her commission, to actually negotiate it, and you would run into a brick wall virtually every time.

I'm not factoring revenue from selling the homes in to my analysis - my major concern is reducing operating costs.

I guess this is a perk of buying at the peak of rates now that the Fed wants to reduce rates in the near future.  

I think landlords are looking for better ways to reduce cost and find ways to not have to increase rent too much.

Transparency reduces conflict and discontent while fostering trust. 

You would be in an unsecured position and the cost to manage and service the loan (which is required by law but most ignore) would add a cost to youJust sell it at reduced price

Market rent: $153So, if I have to reduce the prices to meet the 1% rule in order to sell the portfolio to an investor, that's a steep discount!