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Updated 8 days ago on . Most recent reply

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Chris Mclaughlin
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Would you use an agent for an off market deal?

Chris Mclaughlin
Posted

I have an opportunity to deal with a seller directly however the problem is that I don't have a good, in-depth understanding of how the offer process works. I am very dedicated and willing to put in endless effort to learn the ins and outs but this could expose me to unnecessary risk if I miss something.

The problem with using an agent is that they will want 3% which feels like a large amount for a deal that I found and that I'm negotiating. I just want the safety net of an agent to double check the work that I'm doing.

So the question is, would you bite the bullet and just pay the 3% or do you think the cost of an agent isn't worth it in this situation?

  • Chris Mclaughlin
  • Most Popular Reply

    User Stats

    3,935
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    Caleb Brown
    #3 Starting Out Contributor
    • Real Estate Agent
    • Kansas City
    2,856
    Votes |
    3,935
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    Caleb Brown
    #3 Starting Out Contributor
    • Real Estate Agent
    • Kansas City
    Replied

    If you have no experience then it's worth bringing someone in. You could negotiate the commission structure down if you found the deal(a flat fee or 2%). 

    • Caleb Brown

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