Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

12
Posts
6
Votes
Cedric Daniels
  • Real Estate Investor
  • Memphis, TN
6
Votes |
12
Posts

Want to know how to cash-out on a property with a realtor.

Cedric Daniels
  • Real Estate Investor
  • Memphis, TN
Posted
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

User Stats

23,418
Posts
13,509
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

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.

Loading replies...