If you do want representation then interview a few agents, select one to work with exclusively, and then sign a Buyer Representation Agreement.

We have an exclusive with her for any property.Is this normal? 

We exclusively do out-of-state investing, so I am happy to share our experience, knowledge, tools, tips, and tricks if you are interested in chatting more. do not hesitate to reach out, connect, and DM me.As they like to say: live where you want, invest where it makes sense.

What are the two rules of the exclusion on capital gains for homeowners?

@Jason Kudon Kudo I don't necessarily think that comfort and providing a great experience is mutually exclusive, Im sure you can achieve both.

@Jessica Pierce If you are the exclusive contact for your tenants, then yes I would give them an alternate contact person/number when you have one lined up.

It is very common for Realtors to seek an exclusive listing, to bring forth an offer in a FSBO scenario.  

The house is in an exclusive area in los angeles. 

The seller pays capital gains tax on money Actually received.The basic math…In your example, the seller’s cap gain is approximately 2/3 of the sales price, so….whatever principal he receives (interest is taxed as ordinary income) 1/3 would be return of basis, 2/3 would be capital gains….that is the basic math.You’d have to deduct out any 121 exclusion if this is his primary from the above calculation and add in depreciation recapture if it is a rental, but that’s the method.

We invest in the midwest exclusively and have found some tremendous deals.