Preliminary sale estimate from my real estate agent suggests that it could sell for 315k, but with commissions (6%) and fees, I'd be left with $292k (3 k less than what I paid for the home : $295k).

You could offer a "buyer protection guarantee" where if the home buyers need to sell within one year for any reason you will sell it yourself for them for free on your side of the commission.99% of the time this never happens but gives buyers the extra security of removing roadblocks to moving ahead with a purchase.

Hey everyone,Just wondering if any of you guys n gals wholesaling are still using option to buy contracts (not lease option) for your wholesale deals, specifically in Columbus, OH.I know at a certain point in time people moved away from them because the RE Commission was saying that wasn't allowed.

Although, if the seller is smart and you make considerably more that what a "reasonable" commission would be and that is not disclosed to the seller, he could have grounds to sue you or make the contract voidable.

The insurance company is making a pretty tidy profit while also paying their huge overhead and paying commissions to the agents that write your policies so by insuring yourself you could probably save as much as 50% over the long haul if spread over a long enough period of time and enough properties.

Contact your state's real estate commission and ask them.

Not only that, but arranging the deal requires the listing to be pulled by the client.The referral incentive works because the agent loses the listing and sees his commission evaporating.

Question is, what would you protect -- a contract that's no longer valid or your commission?

Best to call as Charlie Citizen to the state RE Commission and address the issue before you buy.

I’ll be receiving a commissions as a 2LT in the National Guard as an Engineer Officer in May.