If you do not wish to pay this out of pocket, you will want to include an addendum in your offer requesting the sellers pay your agents fee for you.

Heartless and has an agendaIt's ironic you say this because the site is extremely friendly to your profession. 

I currently have 1 primary residence (still paying off my mortgage) and 2 long-term rental properties (both that I have mortgage on).

There may be some instances where the buyer pays the commission to the real estate agent representing them.

The vision of this program is to help the investor determine if it is a viable file AND to monitor the property’s investment value after purchase.Deals are made based on two simple things:  Cost to the REI (cash out of pocket), and how someone/something else pays for the rest (terms). 

But you will want to evaluate it for yourself and see what you are actually comfortable paying. 

I've seen you've posted multiple times on this site about this... did you end up getting any answers?

Let me know if you need me to run by the property and get you a video of the site.

Just go to the Vegas auctions you will see it every day.. there is always some investor that will pay more than you will .. most of those folks are just looking for rentals.. some are not clued into values as you suspect but many just have other criteria that is not your criteria.. and forgeta bout it when someone wants to live in the house no one will beat them ..

Your quotes are not too bad, but I think you should be able to get a lower rate if you are paying 1.5% for points.