I built-in 20K haggle room on that price, and it's listed through a realtor, so about 20K would go for commission.

If you are only going after splitting a 2.5 to 5% commission with your partner, you will get very discouraged as it would be way too much work for very little compensation.

You could build a pretty nice credibility kit on your own on a saturday. 5k of every 50k as a commission?

Our minimum lot sizes with no public utilities are much larger, though, so I suspect you're in a wetter area.You should pursue this question with your utility districts and city planning/zoning commission.

I'd get a better opinion of value, sounds like your Realtors are telling you that you can sell and walk away with commissions paid.

My brother and I are getting into rehabbing and would like to sell the property without having to pay an agent commission.

Real Estate Investments: Buy & Hold, Flipping or Brokerage Commissions.3.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

These are the properties that are going to move fast and the agent is going to receive a commission.

With that, you should have better luck with the 7.5%, but when you consider commissions to the security brokers, start-up costs, and other marketing and accounting expenses, your likely going to pay an extra point or two anyway.All of the above are merely based on my own experiences with investors who are known to me and who are accredited.