We just did this as a seller on some of my new builds.. we sold 3 in the last few week and I negotiated commission on all of them.. a little different for us here in Oregon as these are new builds and folks ask for upgrades.. so like on one I said sure we will upgrade to Hardwood throughout but we are not paying a broker fee to your agent you will need to pay them.. well they passed on the hardwood and we agreed to pay their broker 1%. thats how it worked out.. in the higher priced markets its going to put buyers agents on the spot. because if sellers say we will pay 10k which is about 1% and buyers agents are used to getting double that they will have a hard time talking to their buyer who still thinks 10k is a big pay day and wont understand why the agent thinks they are getting shorted.. 

If you don't get that straight right now; take your money to Vegas, you stand a better chance of a quick payday.

Well many in Cleveland will scream lead only for a pay day, scammers out there.

Consider this analogy: if a payday loan company offers a $5000 loan to someone and then charges them 30% interest, we would consider it predatory.

.$1,000 per violation and per day if you manage properties without a broker.I know if folks managing thousands illegally in Toledo.If only I was a whistle blower hehe10% fee from the total fine isn't a bad pay day, right...?

I can't tell you the number of times I've had to persuade them not to rent furniture or go to these payday loan places. 

While the obvious caveat to this is a slightly higher purchase price (if you choose to do so), there are a variety of benefits to this strategy as well, such as:- The idea of getting a Lump Sum Payday (from the bank) AND a steady stream of Passive Income from you as an investor for the downpayment is incentivizing to most. - If the seller is desperate to close (due to health issues, family problems, liens, etc.), they may agree to Seller Finance the small amount in order to ensure the deal makes it to the closing table. - You're minimizing how much is coming out of pocket when closing arrives. 

I would humbly venture to say that paydays at that level are not something that the majority of RE investors on this forum have ever realized.

With far bigger pay-days.

And we know there is NOT rampant "bloat" in rent prices because if there were, it's also simple math that landlords would be rushing to create additional units to capitalize in that "pay day" right, because it's "bloated" rents, meaning over sized profit margins, which to be true would mean it's "cheap" to create new units vs the over sized profits it's producing.......