Asked by Michael, 20111 • Sun Apr 27, 2008
the main office was closed. I saw a group of people standing outside of a house that had an auction sign. The new owner had just made the winning bid at the auction and was looking at his investment. I decided to go over and talk with the group of people when I met his new neighbor outside. The neighbor told me he won the house for 250,000. And said the guy was an investor and would sell it for 300,000 that day. I decided to go talk to the guy. He gave me a price of 350,000. Which I knew was more than he really wanted from the neighbor. He told me he would go lower if we did it without a realtor, with his realtor/mortgage broker present. That was interesting. It was hard to tell who she was because she introduces herself as his broker and he called her a realtor. If I was interested and doing the transaction WITHOUT a realtor what should I be cognitive of.
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