I’ve also been thinking a lot about my commission structure, especially for buyer-side transactions.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

If appraisal is done on this one, and it came in over list price, ask the agents to update your contract to get up to 2% of the sales price towards closing costs without changing agent commissions.

Usually that is between the realtor and their company and part of the commission fee.

Below are estimates of the housing shortage by different institutions:The National Association of Home Builders (NAHB) estimates a shortage of 1.5 million units (2021 data).Freddie Mac’s estimate is a 3.8 million unit shortfall (Q2 2020 data).A report commissioned by the National Association of Realtors (NAR) (2021 - Rosen Consulting Group) suggests a 5.5 million unit housing shortage.No matter which data source you choose, there is a massive shortage.

Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.

In a hot market I would sell it myself or at least negotiate the commissions. 

No commission is earned only a fee for their time and expertise.Typically sellers want to avoid attorneys to save the costs.

While we primarily focus on the Texas/Oklahoma market, apparently receiving a commission for finding deals or bringing investors without a real estate license could be illegal.

That really spoke to her integrity - she could have suggested I sell off my California single family rental and made a lot of commission off me.