Discrete Assignment Fee
How do I keep assignment fee disclosed from Investor? Let's say 150,000 house, i mark it down to 40k, and i want to sell to investor for 75k, how can I do this without him changing his mind about closing the deal, it's still a win non the less for everybody.
Most Popular Reply
You double close it. A double closing insulates information between your Seller and Buyer, including buy and sell price. Up to about a $5,000 profit is the most you should ever assign in most markets. Above that, your buyer and seller will often get very fidgety. A double closing will help preserve the relationship. Now in some higher end markets and with some very well established business relationships, going higher than $5,000 is no problem. On the other hand, sometimes even a $2,000 profit can be an issue to overcome with your seller and buyer.