In fact, you would probably have a better chance of winning the bid if you did (because the agent would be positioned to make double the commission)!

You will hardly ever find an attorney drafted real sales contract in Texas (outside the real estate commission's version) that transfers real property by anything other than a SWD for this reason.

Additionally, I'm a realtor so the commission is an added bonus once the sale is completed.

And you save the 3% commission by selling it yourself.

After paying commission to the agents and no closing costs, I was able to profit approximately $20,000.

I don't really want to post what we owe on it but with the closing costs, 6% agent commission and a small buffer for requested repairs, we will pretty much break even at the current listing price.We have also had the house listed for rent for about 5 months now.

if its listed with a realtor you will have to pay realtor commission on that if i am not mistaken so you will have to figure that into your numbers.

In the end we may have to come up with 20% minimum downpayment and pay the CMHC commission.A broker told me to get CMHC financing, we have to find a building where the income covers 125% of the costs including mortgage costs.Most buildings are sold off market, meaning, they will never come on MLS... and... the Buyer will have to be the one paying the agent commission, 5% commission!!

And since this commercial unit is a 12 room luxury apartment complex in a monumental building on the waterfront, the selling price is way above what a residential unit would be going for, which means commissions and fees are way up there too...IF I am successful at selling it.

We don't take lightly to agents who wine about 5% commission, or aren't willing to work for the listing, so ultimately, we have the power to switch agents any time we want to.If you become an REO agent, be prepared to work, and sometimes for a little commission (we pay $2500 or 6%, whichever is greater from $1-$250K, then 5% after that).