Discount Buyer Real Estate Agent?
July 16, 2008
It can happen. And the dividends can be great.
In some real estate firms (ours, for example), you can offer a discount to buyers in need by setting a maximium limit to the amount of commission you can take (say 2%) or else split the commission with them. The buyer’s share of the commission can then be offset against the purchase price (or else given cash) at closing.
Is it legal? If don’t correctly, absolutely. For more information, please visit our Los Angeles commercial real estate site.
