BROKER COMMISSION WHERE BROKER IS ALSO BUYER - Posted by Cas

Real Estate Investing
1

Posted by Bill on August 12, 2003 at 11:42:41:

Yes to all of the above as long as everything is disclosed and all parties to the transaction agree in writing.

2

BROKER COMMISSION WHERE BROKER IS ALSO BUYER - Posted by Cas

Posted by Cas on August 12, 2003 at 11:02:54:

  1. If a RE Broker is purchasing property for his own account, isn’t he entitled to commissions for the transaction as he would if he were representating a differeent buyer ?

  2. If the RE Broker is entitled to commission can he reduce the amount of DOWN PAYMENT in lieu of the commission ?

  3. Can he use the commission for for CLOSING COSTS ?

  4. Can he reduce the PURCHASE PRICE in lieu of the commission ?

Thanks

3

Re: BROKER COMMISSION WHERE BROKER IS ALSO BUYER - Posted by Bert

Posted by Bert on August 17, 2003 at 22:35:57:

Yes you can do all of these. I do it all the time. Its one of the added perks!