Selling high-end property FAST…can a Realtor help? - Posted by Tyler
Posted by Tyler on May 26, 1999 at 18:27:30:
It seems today is a day full of questions for me…
I’m wondering if it would be a bad move to contact a realtor I’ve never worked with before to help me find a buyer for a property I have on contract.
The prop was appraised in 96 for 460k, and I have on contract for 340k. I only have 2 weeks in the contract to get “written approval of partner”. The seller is fully aware of what I’m doing, and willing to cooperate, although they are still marketing the property as well (at 380).
I’ve got a "desperate seller"ish ad in the paper, but thought about contacting one realtor that I know of who deals exclusively in upper end properties. Was planning to propose a 50/50 deal on the overage if he provided the buyer.
*Would this be legal for the realtor? (it seems like I’ve heard of laws prohibiting them from engaging in RE dealings outside of their broker,etc.)
*Am I crossing any “unspoken” boundaries by doing this? I’ve already had a couple realtors question me on my dealing in RE without my “lisence”, and don’t want to raise any red flags or create any problems for myself.
Thanks in advance…
As Karp would say, this is an “ASK” day! lol