Brokers can provide value to a client by acting as a buyer-of-last-resort of the client’s “old house.” Generally, brokers seek to avoid being that buyer-of-last-resort and seller would prefer to sell the property to a market buyer (who would tend to pay more for the property). Do Colorado regulations allow a listing broker to be that buyer-of-last resort while still marketing the property hoping to find a better buyer from the open market? Yes. Learn how to do this by watching this video.
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