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18 April 2017 | 0 replies
Never done one of these before so any advice on the process or suggestions on how to facilitate the deal would be greatly appreciated.
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19 October 2014 | 7 replies
Some title companies allow "double-closings" but some don't.Because you are not buying the property, but facilitating the sale to a third party, you are effectively conducting business as a Real Estate Associate, which in this state is illegal without a license.
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27 April 2013 | 1 reply
Look to the issues of a "net listing" "disclosure as an agent" and laws of agency which will pretty much cover the matter.Your first position will be as an agent, so birddoging is what Realtors do, facilitate deals, you charge a fee or commission, your broker will let you know.
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4 August 2010 | 6 replies
And, there is no reason for a Realtor to go this direction, simply list it and do the deal.I also see the facilitation of a real estate transaction without a license.
6 March 2014 | 13 replies
You'll avoid much of this if you know your buyers first then find what they want, use an option, assign the option for your fee and get out of the deal having the seller contract with the real buyer.Going the other way, you can be liable for various aspects, specific performance, taking a property off the market and or dealing fraudulently, misrepresentations that can take you into all kinds of losses suffered by a seller.This strategy is good to understand as you can facilitate a deal from time to time, but doing it as a business when that's all you do you can have issues with a real estate commission facilitating sales without a license.
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25 April 2014 | 6 replies
Some banks and STATES require a real estate agent to be involved facilitating the short sale, so you might want to investigate that.
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29 June 2014 | 15 replies
Do they really not know about wholesaling or are there severe risks that they don't even want to facilitate the transaction?
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20 January 2022 | 3 replies
Grocapitus is just a broker/facilitator.
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1 March 2021 | 6 replies
Owners who are out of state or do not have time to find and facilitate repair requests from tenants.
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2 March 2008 | 13 replies
If the buyer knows what you're looking at as far as a deal is concerned, he/she may have some advice or suggestions to give to facilitate an easier close, this is a skill newbies don't have.