Thank for everyones imput! I was trying to get feedback from R.E. agents point of veiw in this type of situation. Would you as an agent feel you deserve a commision when you brought the seller and the buyer together in agreement per the listing agreement then the seller changes the listing price?
Thanks .
As a member of NAHB, I have been involved in several other forum discussions regarding this issue. You will also need to check with your insurance carrier, since coverage for this will need to be through another policy. Price quotes vary greatly. Also, the possibility of “savvy” home owners suing contractors for not following RRP guidelines for renovation or record keeping has been pointed out. I wouldn’t stretch my imagination very far to see this extending to sellers (investors), too.
