[William Bruns]

William Bruns

Hi
I also have had several SAD experiences in agents. I have had one GOOD experience in this one agent in marble falls. She was on all points of execution in preparation and communications. She also does some flips and development.
Dana Yarter 512.755.1355. Last agent I was closing could not even complete the contract correctly.
I did have a good experience with Creek View Realty in representing my own property with their sign and representation in MLS and support staff. They charge 495 and buyers get 2% rebate 512.263.9334

[William Bruns]

William Bruns

In comparing the Highest Bidder it is similar to using an Option.
You are using the property…sometimes improving it for the sale(rehab) then controlling the sale to the buyer.
This can be used with an option as well I believe…no agent involved, direct to the seller.
And another method is the seller signing a purchase contract, then assigning it to another buyer. Just perhaps…there could be
a rehab involved…
Seems like there is alot of techniques that would simulate the option…
In summary …I see a benefit to comparing these methods for better understanding as in strength and weaknesses.

[William Bruns]

William Bruns

Hi
This is owner financing with a purchase of the house at the resale closing. So technically a double close. That 110K lien(that you propose) represents the purchase price, but not the profits due to me at close, but …How do you justify how much to lien, except that the 110K is close to the purchase cost. Hard to have a conversation with the seller that says this is how much you are making in profit, thereby here is my lien….which is not set in stone how much you are going to make….So just setting the lien at the purchase price is better…so this amount represents your investment in the property. I did review the equity of the property by title report. This is no payments due and payoff at closing. We found this deal through a friend. The motivation of the seller is they are moving and need to payoff some debts. I would like to sell via highest bidder. Will attend you conference call tonight on this. Do you do this bidding with a reserve…or is that self defeating??? And as well, are you getting a listing in the MLS via a listing fee(no agent) instead of contracting with an agent? Do you do a Broker Open ? How is that arranged????