(Closed) It’s for sale?!

posted 7 years ago in Home
Post # 3
Member
2111 posts
Buzzing bee
  • Wedding: July 2010

That’s very exciting! Where in BC are you?

Post # 4
Member
7082 posts
Busy Beekeeper
  • Wedding: July 2009

Talk about kismet!

Post # 5
Member
6661 posts
Bee Keeper
  • Wedding: May 2010

Hooray!!!

Post # 8
Member
1667 posts
Bumble bee
  • Wedding: May 2011

Awesome! Not sure what the real estate laws are in BC, but since your husband talked to the guy directly, can’t you just buy the house directly from him (for sale by owner?) so you don’t have to pay the middle man (or woman in this case). Either way, hope it’s in your price range and you find yourself as new homeowners very soon!

Post # 9
Member
9057 posts
Buzzing Beekeeper
  • Wedding: June 2010

Wow, good luck!

If they’ve signed a contract with a realtor, unfortunately it’s likely too late to switch to a “for sale by owner” situation. 

HOWEVER, if you come to them without a realtor, their realtor will get to keep the entire commission to himself (usually the buying and selling realtors split 50/50).  7% on the first 100,000 and 2% on the remainder.  If this is the case, he may be willing to reduce his/her commission to the regular half and pass the savings onto you. 

Point out how much they’ll save in advertising, and legwork considering the buyer was pretty much set up before he had to do anything.

The only issue would be that you’ll lose the benefit of having someone on your side to negotiate price.  You’d have to work out whether that potential savings would be worth more than what you can negotiate off the commission.

Post # 10
Member
610 posts
Busy bee
  • Wedding: July 2011

Good luck.  That is most certainly kismet Wink.

Post # 11
Member
1585 posts
Bumble bee
  • Wedding: September 2011

Exciting! I hope this works out for you guys, because that sounds like it was meant to be in my opinion!

Post # 12
Member
3762 posts
Honey bee
  • Wedding: May 2010

How exciting!  Can’t wait to hear if this works out! 

Post # 13
Member
9057 posts
Buzzing Beekeeper
  • Wedding: June 2010

I think we need an update!  Was it truly meant to be?

The topic ‘It’s for sale?!’ is closed to new replies.

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