Helping Other Brokers

by James Robert Deal | Sep 1, 2019 | Attorney Broker, Real Estate Attorney, Real Estate Broker, Seller Financing, short sale, Uncategorized | 0 comments

HELPING OTHER BROKERS
TO STRUCTURE DEALS AND GET THEM CLOSED
FLAT FEE PAYABLE AT CLOSING

I am both a real estate broker and a real estate attorney. I can wear either hat or both. I help buyers, sellers, and other brokers throughout Washington and in other states. Bring me on board when your purchase or sale involves legal issues or when the buyer or seller or the broker want the assurance of having an attorney checking everything.

Rather than compete with other brokers, I like to co-broker with them on challenging transactions. I can often quote a flat fee or a flat commission payable at closing.

For working with buyers, see my co-brokerage buyer broker agreement. Brokers can use this form when taking a buyer broker agreement and where legal assistance will be needed.

For working with sellers, see my co-brokerage listing agreement. Brokers can use this form when taking a listing where legal assistance is going to be needed.

Use these forms to increase your credibility with both buyers and sellers. Get listings you otherwise might not get. Get buyer broker agreements you might not otherwise get.

And it means you can learn about how to manage complex transactions.

I can often quote a flat fee payable at closing. I can be paid as an attorney or a broker. My fee can be paid by the buyer or seller or by the listing and selling brokers or by all four paying some. Everything is negotiable, and there is no charge to inquire.

The broker might decide to compensate me out of his commission. Or the broker might arrange for the client to pay my commission. It’s all negotiable.

Sometimes I represent just the seller or just the buyer. Sometimes I am asked to be a mediator with all parties sharing my fee. I sometimes act as a no-agency agent.

Sometimes I charge .5% or 1.0% of the sale price, more or less. It all depends on the complexity of the deal. My work starts at the beginning. I follow, monitor, advise on, edit, and check everything from listing and purchase agreement all the way to closing. If I agree to work for a flat fee payable at closing, and if there is no closing, there is no fee.

I help, for example, with commercial transactions, seller financing, wrap-around deals, assumptions, lease options, multiple offers, and short sales. I help when property is owned by a trust, and the trustee wants to be protected. My job to assist the buyer or seller and the buyer or seller’s broker to get the transaction set up right, to send it to escrow, and monitor everything from beginning to end.

I ran an escrow department in my law office for 20 years. I have reviewed or written or rewritten thousands of real estate contracts. For five years I ran Deal Mortgage. I am a licensed but inactive mortgage loan officer. I only do commercial loans. So I understand financing.

I am very involved in green politics. See www.JamesRobertDeal.org.

I am the president of Fluoride Class Action. See www.Fluoride-Class-Action.com.

I am the president of the Coalition Against Smart Meters and 5G. See www.JamesRobertDeal.org/Smart-Meters.

In my spare time I am a writer and musician.

I have an open telephone line to potential buyers, potential sellers, and other brokers. Call 425-774-6611.

Sincerely,

James Robert Deal
Real Estate Managing Broker & Real Estate Attorney
Broker License #: 27330
WSBA License #: 8103
James@JamesDeal.com
PO Box 2276 Lynnwood WA 98036
Home Office Line: 425-774-6611
Home Office Fax: 425-776-8081
WSBA License # 8103
Broker License # 27330
eXp Realty Main Office:
2815 Elliott Ave, Suite 100
Seattle WA 98121
eXp DOL Licensing: 4484
NWMLS #: 9393
eXp Main Office Phone: 888-317-5197
We help buyers, sellers, brokers. Free telephone inquiries.