Overpaying for a home is a risk some people believe they can afford in a Seller's Market. For the rest of us there's a smarter strategy. Join me to learn to keep more of your money, and outbid the competition on terms, not the price.
All content for That's REal Estate is the property of Tom Meyer, Essential Real Estate and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Overpaying for a home is a risk some people believe they can afford in a Seller's Market. For the rest of us there's a smarter strategy. Join me to learn to keep more of your money, and outbid the competition on terms, not the price.
Sales Fees are Paid From Equity, Not the Purchase Price
That's REal Estate
2 minutes 38 seconds
6 years ago
Sales Fees are Paid From Equity, Not the Purchase Price
Real estate sales costs are shown as a percentage of the Price. In reality, the costs, fees, concessions are paid entirely from your Equity. 100% of the expenses as a percentage of equity is an eye-popping 20-30%-50% and more of available equity. Pay attention to equity and worry less about the price.
That's REal Estate
Overpaying for a home is a risk some people believe they can afford in a Seller's Market. For the rest of us there's a smarter strategy. Join me to learn to keep more of your money, and outbid the competition on terms, not the price.