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Registered
Join Date: Oct 2003
Location: Mount Pleasant, South Carolina
Posts: 14,817
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Real estate question...
We want to buy the house we’ve been renting instead of building another house for now. Our lease ends at the end of February.
It just went on the market, so there is an agent involved (3% commission), plus the rental property manager has a stipulation in the rental agreement that he gets a 3% commission if the renter buys the house.
If we wanted to work with the owner directly and possibly get a better deal by avoiding commissions, what is the time frame we would need to wait?
If we left the agent and the property manager in the mix, what would happen if we had an agent represent us? Would it be 3% to the property manager and 3% split between the buyers and sellers agents?
Thanks
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