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Updated about 4 years ago on . Most recent reply

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16
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8
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Jeff Riewer
8
Votes |
16
Posts

Florida...To use a realtor or not to use one.

Jeff Riewer
Posted

Hello...

I'm an out of state investor and am contemplating on whether or not to use a realtor.  I found a single family in Panama City and made an offer...the bank has countered of which I think it's too much for the property.  It's tarped, hasn't been lived in for years, and will need extensive rehabbing.  I'm looking at long term rental.  So...I am being asked to make a counter and have been speaking with the selling agent for the bank.  I cannot have the home inspected until I counter.  Any suggestions on using a realtor or should I just wing it and counter with what I feel is a fair price?....

Most Popular Reply

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28
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13
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Scott Braun
  • Rental Property Investor
  • Delaware
13
Votes |
28
Posts
Scott Braun
  • Rental Property Investor
  • Delaware
Replied

I would certainly consider getting an agent. Rarely will you as the buyer have to pay your agents commission. Additionally, they may be able to negotiate on your behalf far better than what you would be able to -especially since its bank owned.

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