Even so, the poor quality of work done in this house does make this figure less cut and dry. 

We haven't had a chance to grieve because we have to get the financials straightened out, cut expenses, scramble to fund and save capital repairs, and manage her estate (properties weren't in that).

Once you sign that agreement, you have a legal and binding document.Some fees that are placed in addition to a percentage are to help reduce the agent's fees - especially if the expected commission will not provide the agent with an adequate paycheck after the broker's cut and other investments that the agent had to make in order to help the buyer purchase a home have been removed from the commission.The challenge of the buyer is to make sure they have the funds to pay the agent.

One of my main flipper clients *sold 8 million for him roughly $200,000 of commissions is actually a licensed agent, selling a property is about much more then cutting costs and its actually rare to see people go for the cheaper options out there.

Then I bought a SFH and fixed it up all cuts and the first tenants trashed it and I quit real estate investing for over 20 years and subsequently missed out on MILLIONS of dollars of property and profits.

A lot of our clients have “9-5” jobs, so they are willing to invest in our assistance to help them cut down on required input time and scale much quicker than if they were starting at ground level on their own.

By holding on to the property long term, even through negative cash flow, I think I am in a better financial position than I would have been in if I just cut my losses and ran. 

That's the one thing all the HGTV flipping shows get right - everyone we've ever seen has a renovation surprise that either increases the budget or requires cutting back elsewhere to keep the budget.Contact us if we can assist with anything. 

This tenant ain't doing all that for a cut finger.

For their part the Federal Reserve is starting to think about maybe likely possibly coulda shoulda perhaps cut rates.