Posted by Redline on April 23, 1999 at 12:59:06:
I agree with Jim.
Ex: I have a listing now on a house I can’t sell where the seller doesn’t have any equity. (I didn’t originally take the listing … don’t ask!) I’d love for someone to take it off my hands with a L/O. I’d rather get paid in 2 years than not at all. Or, I’d consider a (very) reduced commission up front and nothing on the excercise. I’ve refrained from doing the deal myself for obvious reasons.