Landlord not using a realtor

What would be a fair amount to put aside for the services of an attorney and realtor in this situation? 
  • September 12 2011 - East Oak Lane
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Answers (3)

Best Answer

Profile picture for kapyarets
I would recommend to find out if there is any obligations from landlord to the renting office. If you rented with RE office help there may be a provision in the lease that landlord will pay the office % from the sale if property sold to the tenant. Get the agent from that office you rented from and you are covered for that.

Talk to your bank and ask them to recommend you closing attorney. Cost for the attorney will be in closing costs and that is different for different lenders, find the best one. Ask closing attorney to help you with an offer and P&S for flat fee, negotiate from the numbers he/she will give you.
  • September 12 2011
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I have handled quite a few situations where a tenant and landlord wanted to sell to each other.  It is highly recommended for you to get an agent involved, and propose that you and the landlord split the cost.  That way, you have confidence that all the due diligence on both sides of the transaction takes place.  Very often, the person who doesn't want an agent involved has something to hide.  Good luck.
  • September 12 2011
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Hello Chuckie,

What situation you are referring to. If you are Buying a home it will not cost you anything to hire a Real Estate Professional. The comission is taken from the Listing (selling side) generaly it is 4-6% to list a home

If you want to hire me as your agent i would be glad to speak with you.
To contact me please click my picture

Alex
Realty Mark Cityscape
  • September 12 2011
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