Can you tell us how long you've been in the business as a Realtor?

We are bidding 10K below sales price (it has been on the market for many months).Our agent had several suggestions to get the repair $, including:get 20k commission to realtor and he 1099's it to uspd to mtg broker as discount pt and broker gets it to usfind a lender who will loan based on post-repair valuedo fix&flip loan, refi when repairs are finishedThis will be our first rental purchase, so we are at a loss as to which is the best option.

Here is the data from the National Association of Realtors (although I believe that their data is optimistic):http://www.realtor.org/Research.nsf/Pages/EHSdataMike

Realtor Michael Hon [email protected] is on that board if you want to ask him anything.

This is a realtor service for investors that guides you to purchase homes with 5-10k equity and market it as a rent-to-own home.

Is it better to wholesale FSBO or can I use realtors?

The same questions can be asked by the Realtor.

On a FSBO you'll still have marketing costs, just not a realtor commission and the selling costs (title, legals, etc) probably average 2%.This is why we recommend you pay no more than FMV X .70 - repairs.

Eric,So you have been a realtor for 3 years, do you have any of your own properties yet?

When I found out about it she had already gone to a Realtor and placed the property on the market at 2x what she told everyone in town she wanted for it.