[SD Realtor]

ocr will pull in more then that. Usually they will not undertake a project unless they can realize a profit above 25%.

[SD Realtor]

ocr will pull in more then that. Usually they will not undertake a project unless they can realize a profit above 25%.

[SD Realtor]

ocr will pull in more then that. Usually they will not undertake a project unless they can realize a profit above 25%.

[SD Realtor]

ocr will pull in more then that. Usually they will not undertake a project unless they can realize a profit above 25%.

[SD Realtor]

At least tell you guys can still be friends…. heheheh

[SD Realtor]

At least tell you guys can still be friends…. heheheh

[SD Realtor]

At least tell you guys can still be friends…. heheheh

[SD Realtor]

At least tell you guys can still be friends…. heheheh

[SD Realtor]

At least tell you guys can still be friends…. heheheh

[SD Realtor]

Hi Huckleberry-

Here is a hint regarding terminology. Refer to the sellers agent as the listing agent. Theyt are listing the property and representing the sellers. In California, a seller may offer a cooperating broker a commission as well. The proper term for the cooperating agent is commonly referred to as the selling agent (yes that is the agent representing the buyer).

In California all commissions are negotiable. However understand that many conventional brokerages do not negotiate much on them. Your common large players will not do much. Remember that alot of players get a slice of the pie. The agent, the broker, the corporation.

So your tact if you want to approach the listing agent directly would be to ask for a portion of the coop commission, NOT the listing agents commission because that agent will be double ending the deal. Many brokerages will not let any parties be unrepresented, there is much to much of a liability.

So the answers to all of your questions are yes it is legal. Some agents may entertain the possibility and some may not. You can make it more enticing by doing it correctly and not asking for any of the commission on the listing side. Yes the proceeds can be used for closing costs as long as the lender okays it. Some may and some may not. You can also simply lower the purchase price by the amount.

Doing this in a letter will get you a 0% success rate. You will need to approach the agents in person at the open houses or call them. Your letters will go straight to the trash can. You can also just go with a Redfin to get a coop rebate or other places.

[SD Realtor]

Hi Huckleberry-

Here is a hint regarding terminology. Refer to the sellers agent as the listing agent. Theyt are listing the property and representing the sellers. In California, a seller may offer a cooperating broker a commission as well. The proper term for the cooperating agent is commonly referred to as the selling agent (yes that is the agent representing the buyer).

In California all commissions are negotiable. However understand that many conventional brokerages do not negotiate much on them. Your common large players will not do much. Remember that alot of players get a slice of the pie. The agent, the broker, the corporation.

So your tact if you want to approach the listing agent directly would be to ask for a portion of the coop commission, NOT the listing agents commission because that agent will be double ending the deal. Many brokerages will not let any parties be unrepresented, there is much to much of a liability.

So the answers to all of your questions are yes it is legal. Some agents may entertain the possibility and some may not. You can make it more enticing by doing it correctly and not asking for any of the commission on the listing side. Yes the proceeds can be used for closing costs as long as the lender okays it. Some may and some may not. You can also simply lower the purchase price by the amount.

Doing this in a letter will get you a 0% success rate. You will need to approach the agents in person at the open houses or call them. Your letters will go straight to the trash can. You can also just go with a Redfin to get a coop rebate or other places.

[SD Realtor]

Hi Huckleberry-

Here is a hint regarding terminology. Refer to the sellers agent as the listing agent. Theyt are listing the property and representing the sellers. In California, a seller may offer a cooperating broker a commission as well. The proper term for the cooperating agent is commonly referred to as the selling agent (yes that is the agent representing the buyer).

In California all commissions are negotiable. However understand that many conventional brokerages do not negotiate much on them. Your common large players will not do much. Remember that alot of players get a slice of the pie. The agent, the broker, the corporation.

So your tact if you want to approach the listing agent directly would be to ask for a portion of the coop commission, NOT the listing agents commission because that agent will be double ending the deal. Many brokerages will not let any parties be unrepresented, there is much to much of a liability.

So the answers to all of your questions are yes it is legal. Some agents may entertain the possibility and some may not. You can make it more enticing by doing it correctly and not asking for any of the commission on the listing side. Yes the proceeds can be used for closing costs as long as the lender okays it. Some may and some may not. You can also simply lower the purchase price by the amount.

Doing this in a letter will get you a 0% success rate. You will need to approach the agents in person at the open houses or call them. Your letters will go straight to the trash can. You can also just go with a Redfin to get a coop rebate or other places.

[SD Realtor]

Hi Huckleberry-

Here is a hint regarding terminology. Refer to the sellers agent as the listing agent. Theyt are listing the property and representing the sellers. In California, a seller may offer a cooperating broker a commission as well. The proper term for the cooperating agent is commonly referred to as the selling agent (yes that is the agent representing the buyer).

In California all commissions are negotiable. However understand that many conventional brokerages do not negotiate much on them. Your common large players will not do much. Remember that alot of players get a slice of the pie. The agent, the broker, the corporation.

So your tact if you want to approach the listing agent directly would be to ask for a portion of the coop commission, NOT the listing agents commission because that agent will be double ending the deal. Many brokerages will not let any parties be unrepresented, there is much to much of a liability.

So the answers to all of your questions are yes it is legal. Some agents may entertain the possibility and some may not. You can make it more enticing by doing it correctly and not asking for any of the commission on the listing side. Yes the proceeds can be used for closing costs as long as the lender okays it. Some may and some may not. You can also simply lower the purchase price by the amount.

Doing this in a letter will get you a 0% success rate. You will need to approach the agents in person at the open houses or call them. Your letters will go straight to the trash can. You can also just go with a Redfin to get a coop rebate or other places.

[SD Realtor]

Hi Huckleberry-

Here is a hint regarding terminology. Refer to the sellers agent as the listing agent. Theyt are listing the property and representing the sellers. In California, a seller may offer a cooperating broker a commission as well. The proper term for the cooperating agent is commonly referred to as the selling agent (yes that is the agent representing the buyer).

In California all commissions are negotiable. However understand that many conventional brokerages do not negotiate much on them. Your common large players will not do much. Remember that alot of players get a slice of the pie. The agent, the broker, the corporation.

So your tact if you want to approach the listing agent directly would be to ask for a portion of the coop commission, NOT the listing agents commission because that agent will be double ending the deal. Many brokerages will not let any parties be unrepresented, there is much to much of a liability.

So the answers to all of your questions are yes it is legal. Some agents may entertain the possibility and some may not. You can make it more enticing by doing it correctly and not asking for any of the commission on the listing side. Yes the proceeds can be used for closing costs as long as the lender okays it. Some may and some may not. You can also simply lower the purchase price by the amount.

Doing this in a letter will get you a 0% success rate. You will need to approach the agents in person at the open houses or call them. Your letters will go straight to the trash can. You can also just go with a Redfin to get a coop rebate or other places.

[SD Realtor]

No it is not to much trouble to generate an offer. I have many clients that ask that of me. I know that there is a 0% chance of acceptance but it is my obligation to send the offer in.

There is one consideration I would add. I have seen in the past that some sellers get irritated with buyers who submit a very lowball offer. That is not a big problem but if you come back later and really want the home and are willing to offer more the sellers may have a negative memory of you and be more willing to work with others in a competitive situation.

Now mind you, this is not the norm. Have I seen it happen? Yes. Alot? Not really.

So if you are dead set on 475k for the home then have your agent write it up.

[Author]

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