Hello BP, newbie question; what is buying equity in a real estate transaction?

This led me to believe that if I chose them to handle this very simple transaction, we can have a closing a lot sooner.

Steve welcome to biggerpocketsFYI : We work together on at least one property in the last few years.( listing and buyer agent transaction )

Personal transactions classify them as distributions if LLC.

There are minimum fees for one of your own transactions that are just a few hundred dollars if I recall correctly.If any of you budding wholesalers find a deal, I'm looking for my next BRRRR.

TBer is responsible for paying closing costs for loan.Your challenge as an agent is to find a broker that will accept a flat fee for these transactions. 

The most important factor to consider with a lender, particularly if it is a sellers market, is the ability to close the transaction and close it on schedule. what good is saving a few hundred bucks in fees if the transaction doesn't close and you lose the deal.

How long has he been a realtor, how many transactions has he done this year and last year, do his listings sell for list price or higher, what's the average days on market for his listings, etc?

Did you ever go through with this transaction?

At first I thought that a Subject to transaction would be worth looking into for this seller.