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Updated over 8 years ago on . Most recent reply

Want to know how to cash-out on a property with a realtor.
Wanted to get some feed back about buying a property without realtor vs having one. I'm still New( only 2 properties under me) and trying to grasp different ways in REI. So I wanted to know since I'm not that experienced or knowledgeable on different ways to handle transactions I wanted to get some ideas form some seasoned people.
I'' currently looking into buying a property in the Memphis areas with a budget of $25k cash tops , to buy and hold. I'm going to stay there for the first 3 years myself because I don't want to rent anymore until I finish school. I have some skills to do fixer uppers but I'm not looking for a total gut job either. I want advise on how should I go about buying it because I have seen a few places that I wouldn't mind purchasing. Should I get a realtor or how should I save the commission of realtor in get my own RE lawyer and title company and make a cash offer myself?
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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If you're focusing on trying to save the commission on a $25k purchase (the seller thinks they should get to keep it, and the buyer thinks they should get a reduction for it), you're focusing on the wrong thing, and limiting your choices.