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Updated almost 10 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Prince Conley
  • Real Estate Investor
  • Atlanta, GA
2
Votes |
23
Posts

Need help on contract/deal??

Prince Conley
  • Real Estate Investor
  • Atlanta, GA
Posted

Hello Everyone 

Would love some input from the community on an issue I'm having.  I'm currently direct with an owner of a multifamily building.  Through a buyer contact I have a potential buyer doing dd on the property but no official information has been exchanged yet.  The buyer contact and I have a sub-fee agreement splitting commission.  The problem is the owner of the multifamily has told me what they want for the property.  I added my commission on top of what the seller advised they want to make from the property but I don't have a contract with the owner.  Do I set up a sub-fee agreement with owner/seller? Do I need some kind of contract with the buyer?  Open to all suggestions on this.

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