Posted by Kristy on July 04, 2002 at 02:42:28:
You say you use your Realtor to find the properties and that you don’t want to sell your houses the conventional way. Question 1:
Do you still use the realtor to get your properties? If so, doesn’t he/she get a commission on them?
Question 2: Have you used that agent to sell properties before? Hence, they got a commission from that.
I would not sever the relationship as, if you cannot sell the properties on L/O or other Creative Financing, you may need that Realtor to market your houses. You left too many things out. Has your Realtor ever received a commission thru any deals you have bought or sold? How long have you used this Realtor? Plus, if you find buyers that can outright buy a home but don’t like yours, you could refer them to your Realtor so he/she can still get a commission from YOUR lead.