I can't begin to tell you how grateful I am if I can get just a few startup questions answered...ENTITIESReal Estate BrokerageREI Tech Company.comProperty Mgmt CoConstruction CoFinancing CoREI Tech Co Apps/Software (IP Involved)REI Marketing & AcquisitionsREI Fix & Flip Co (Same Co as M&A)REI Buy & Hold CoREI Joint Ventures (Flips & Holds)Q: It's been advised that we separate each division beneath one Parent Company 'PCo'.Our DilemmaThe REI Tech Co would be a platform to make offers, auction, and buy Real Estate similar to RealtyBid.com, Auction.com, and Hubzu.com only targeted toward a completely different niche.We intended to charge a Buyer/Seller premium which would be based on a % of the total offer/listing/bid (TBD) in addition to fees for premium services (featuring property, BPO, web based tools, privileges, etc).No doubt the % would be viewed as a consideration for a Real Estate Transaction so the Tech co would need to be licensed.The buyer would have the option to use our Construction Co 'CCo' for rehabs/maintenance and Property Mgmt 'PM'.

I have it under contract at $12k, so they would have to settle for considerably less if the seller wants to get anything for the property.

However, you will be missing out on considerable training that traditional agents typically receive.

When you get into the higher price range costs go up considerably as well as marketing time and buyers expecations.  

The earnest money is that consideration.

Your closing attorney will draw up the promissory note. 

I was planning on bringing the offer with terms to my real estate attorney to draw it up.

A dwelling policy covers the building itself.Vacancy Considerations

Thanks in advance for you consideration!

Does that change the variables considerably?