Asked by E, Chicago, IL • Tue Jun 24, 2008
We just started looking for a house and interviewing a couple of buyers agents. We are looking in an area with old homes. While I don't LOVE the thought of doing a bunch of rehab, I would ilke to consider it...we have the finances to buy/rehab a home while living in our current one. However, I know that if we buy a less expensive home, our realtor won't get as much comission. Just a feeling, but some realtors I've talked to are kind of steering us away from this idea...I'm not trying to flip a house or anything, just see some opportunity to find a place that needs some work and fix it up the way we want it to live in it. And we may decide that rehabbing is not for us after all, if we find a great "finished" place. How do you steer your clients who say they want to rehab?
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