Wednesday, January 5, 2022

What if there isn't enough cash to close?


Cassio asks how brokers get paid when there is a seller note. Does it matter?

Should this concern a buyer?

What about the seller?

What if there’s no money to pay the broker?

I look at this from the point of view of the different parties and talk about some of the solutions I had to come up with when I was a broker, dealing with broke sellers.

Watch this week’s video here: https://youtu.be/ImglpvXOL3k

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