Having an agent, typically, costs you nothing, as long as both parties understand the seller is taking a 6% haircut on price.  

“But anywhere you look, [data] suggests inflation should be falling rather than rising.”The CPI is a key barometer of inflation, measuring how quickly the prices of anything from fruits and vegetables to haircuts and concert tickets are changing across the U.S. economy.Despite recent improvements, economists say it will take a while for inflation to return to normal, stable levels.The Federal Reserve aims for a 2% annual inflation rate over the long term.

We are all going to take a haircut on this.

My friend would have said to make an offer of like $5,410,000 a hair cut of $4,585,000.

When you get your hair cut mention to your stylist you’re looking to buy… whatever you want.

The market is currently over saturated, driving prices down, not leaving much profit.Unregulated STR markets are in the midst of taking a big haircut, IMO.  

There’s a lot more at stake with your income taxes then a haircut so why take chances there?

He's willing to take that haircut?

Barbers also always think it's a good time to get a haircut. 

If it is something different than my assumption, you really need to speak to your tax advisor as soon as possible (and really should be speaking to one anyway).I'd want to know what fees are involved all around, and if you're going to take a haircut on the sale.As Michael mentioned, trading a secured note backed by real estate for an unsecured annuity contract isn't something that's generally advisable.I'm not convinced putting the annuity company in the middle is going to put you in a better spot than just doing seller financing directly and securing the note.You don't want to do this because you're concerned the seller won't have cash to pay a 7 year balloon?