Buying resale from another member without broker

[AmyDek]

is there a thread with info on this? Would there be pluses, minuses to this type of transaction? What would be the necessary steps that I'd have to take to protect both parties and it is worth it to leave out a broker for the savings?

 

[Lynne M]

Unless I'm misunderstanding something, I don't see where there's a savings for you, as a buyer, in leaving out the broker. Typically in a real estate transaction, the agent's commission comes out of the seller's proceeds. I suppose you could hope that the seller would be selling for a lower price, since they don't have to pay commission in a private transaction, but I think that's a bad assumption. I wouldn't sell for a lower price in such a situation, I'd just be happy that I got to keep more of the proceeds.

At any rate, even in a for sale by owner situation, the contract would still have to be submitted to Disney for ROFR, and you wouldn't get your hoped-for savings if the price is low enough that they decide to claim the contract.