Listing lease-options on MLS - Posted by Christian Beebe

import · October 16, 2003, 9:03am

Posted by chris-atl on October 16, 2003 at 10:28:43:

You probably pay it out of the option fee you get from the buyer. Maybe even some of the monthly profit, I don’t know, because I’ve never done it.

import · October 16, 2003, 9:03am

Posted by Christian Beebe on October 16, 2003 at 09:03:27:

Has anyone had experience listing their properties on the MLS as “rent to own” or “lease option”?

If so, how do you get through the commission and fee structure, don’t you have to pay buyer’s agent certain percentage?

Thanks,

Christian “The Solutions Kid” Beebe

import · October 18, 2003, 9:23pm

Re: Listing lease-options on MLS - Posted by tray giddens, Houston

Posted by tray giddens, Houston on October 18, 2003 at 21:23:16:

the lease commission up front with a sales commission at the closing is the way it’s done.

list it on the mls, here in houston all those search criteria are available , even wraps… which are effectively Subject to deals

import · October 16, 2003, 5:54pm

Re: Listing lease-options on MLS - Posted by MSR-IL

Posted by MSR-IL on October 16, 2003 at 17:54:17:

Pay the normal rate of commission for a one-year lease (in our area, 1 month rent), the pay out the remainder of the sales commission (the total percentage minus the 1 month already paid) when the tenant/buyer exercises and closes on the purchase. Your Realtor will deal with the split to the selling agent, not you.

import · October 16, 2003, 11:12am

Re: Listing lease-options on MLS - Posted by Doug Pretorius

Posted by Doug Pretorius on October 16, 2003 at 11:12:42:

Unless it’s common to list properties with these terms on the MLS in your area, it would be a waste of time on your part, because agents won’t have a clue how to do the deal.

You’re far better off going with signs, ads and flyers, IMHO.