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Updated 3 days ago on . Most recent reply

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Kyle Hess
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Making Formal Offers Without An Agent

Kyle Hess
Posted

I have been searching for my first investment property to fix-and-flip in Georgia but feel completely stuck when it comes to understanding how to give a formal offer once I'm ready. The forms used in Georgia are copyrighted and only to be used by licensed agents. How would I get around that as an investor?

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Tim Delaney
  • Buffalo, NY
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Tim Delaney
  • Buffalo, NY
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Quote from @Kyle Hess:
Quote from @Tim Delaney:

Are you offering on market or off market? If off market, talk to a title company or a lawyer depending on whether your state is a lawyer state - they may have templates you can use.

If you are offering on-market talk to the listing agent if you really don't want your own agent and ask them if they will charge you a buy side commission if they represent you in the transaction.


I'm not sure yet if I'll be purchasing on or off-market. I'm looking at both right now. 

I understand I could ask the seller's agent for dual representation but I think that defeats the purpose of not using an agent. 


 Why are you so against using an agent? If you have never done a deal before then possibly spending a few thousand dollars to have professional guidance would be smart. You can always ask the seller to cover the cost of your agent. For all of my flips since the rules changed last year we have still been offering the buyer's agent commission so the buyer is not paying their agent.

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