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Posted By: Frank Wakefield

Hey there.

Using yourself for the agent isn't as crazy as using yourself as a banker. Don't finance the sale. If a bank won't loan them money, then you don't need to be doing it.


As for the agent, consider getting creative and offering some sort of commission that is structured to encourage them getting a better offer.

If sale price is 80% of you estimate, commission is $100.

If 85%, they get 2%
If 90%, they get 3%
If 95%, they get 4%
If 100%, they get 4.5%
If 103%, they get 5%
If 108%, they get 5.5%
If 110%, they get 6%
and they get 10% of everything over 110% of sales price.

Something like that would give them an incentive to hustle!!