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Non-Cattle Specific Topics
Coffee Shop
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<blockquote data-quote="CottageFarm" data-source="post: 836336" data-attributes="member: 16552"><p>It's a great idea! :clap: </p><p>I love how Realtors' 1st recommendation is to reduce the price, but they never offer to reduce their fees.</p><p>But yes, some words of caution.</p><p>Realtor needs to be bought off to release the contract. Increase # of tickets to cover a reduced commission payable upon completion of transaction. Say, $4000 - $5000 ?? total. No percentage, but contract ends now with no retro clause. </p><p>Lawyer definitely needs to be involved. Needs to be a Real Estate Specialist.</p><p>Money needs to sit in Escrow with a title company.</p><p>Could be some issues with Mortgage holder. That one is a big unknown to me since they have security interest in the property.</p></blockquote><p></p>
[QUOTE="CottageFarm, post: 836336, member: 16552"] It's a great idea! :clap: I love how Realtors' 1st recommendation is to reduce the price, but they never offer to reduce their fees. But yes, some words of caution. Realtor needs to be bought off to release the contract. Increase # of tickets to cover a reduced commission payable upon completion of transaction. Say, $4000 - $5000 ?? total. No percentage, but contract ends now with no retro clause. Lawyer definitely needs to be involved. Needs to be a Real Estate Specialist. Money needs to sit in Escrow with a title company. Could be some issues with Mortgage holder. That one is a big unknown to me since they have security interest in the property. [/QUOTE]
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