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Mike80911 Mike80911 is offline
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Join Date: Oct 2010
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Most exclusives with brokers have a clause that states if the house is sold to a buyer that was working with that broker after the listing expires the seller is still on the hook for commission fees. The clause can last for a long time sometimes years. So even if you bypass the broker and rent it the seller may still have to pay commission if you buy it. I rented a place that I was trying to sell with an option to buy. The woman lived there 15 years and never bought it. But I did sell it afterwards for twice what I was asking 15 years prior so it worked out well. Why would a seller rent the place to you with a set buying price and take the chance on losing a lot of money in a future sale?
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Old 09-04-2020, 05:27 AM
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