Is This Ethic
I made an offer on a listed rental building a couple months back. I made it thru the sellers agent. It was a fair offer, listed for $115,000 and I offered $105,000. They didnt take it and thats as I high as I can go with traditional financing. The listing it going to expire soon. Would it be wrong of me to send a letter to the owners asking if they still wanted to sell when their listing expired? Then I could shoot for a lease option. I could wait til it actually expired but if they dont know I am interested they might just list again with someone else. I like the agent and dont want to offend him in any way.
Absolutely not unethical....
But the seller should carefully read their listing agreement concerning commission due if a buyer is introduced to the property by the listing agent.
Some listing agency agreements extend the time period for an introduced buyer past the expiration date.
Jim
ok thanks guys
www.penneysaver.com in central florida
American Classifieds
Knoxville, TN