How Do You Submit A Subject2 Offer Thru A REA?
Most of the sellers on LI, are convinced that they must list their houses in order to sell their houses, once they miss payments. Well, the houses are locked into a contract with broker then left on mls for a year or more. How can I submit a subject to deal thru the agent and help the realtor to be secure of payment? Should I offer to pay commission, if so how much? Is there a suggestion on the form to submit?
What I meant was that the unethical agents do not submit the offer and verbally reply that the seller is not interested. But I understand your point, have them send you sellers acknowledgment of the offer signed. Okay, you got that!
Hmmm, where is John L?
I have not done a subject to but have done lease purchases and it seems to me that you could compensate the REA in a similar way. Partial payment at execution of the agreement and the rest when it closes to the new buyer. Just spell it out in the subject to agreement.
Just MHO.
Jim