Double Dip (Double Commission) FAQ for Realtors

Q: What is the “Double Dip” or Double Commission strategy with Treasure Coast Investments?
A: The Double Dip strategy allows you, as the listing agent, to represent both the seller and TCI (the buyer) in the same transaction. This means you earn commission on both sides—typically 6% total—instead of splitting it with another agent.

Q: How does it work?
A: When TCI is interested in one of your listings, we don’t bring a buyer’s agent. Instead, we ask you to represent us as well as your seller. You write the offer and handle both sides of the deal, earning double the commission.

Q: Is this legal and ethical?
A: Yes, dual agency (or transactional brokerage) is legal in most states, as long as all parties are informed and give their consent. Please follow your local regulations and brokerage policies.

Q: Does this cost the seller more?
A: No. The total commission paid by the seller remains the same as agreed in your listing agreement. You simply receive both the listing and buyer’s agent portions.

Q: What are the benefits for me as the agent?
A:

• Earn double commission on the same deal
• Work with a serious, cash buyer who can close quickly
• Build a relationship with an investor who can bring you repeat business

Q: What types of properties is TCI looking for?
A: We’re interested in properties that need a quick sale, are distressed, or may be tough to move. If you have a listing that fits, let’s talk!

Q: How do I get started?
A: Just reach out to us with your listing details. If we’re interested, we’ll ask you to represent us as the buyer, and we’ll move forward from there.

Q: Can I contact you before a property hits the market?
A: Absolutely! We encourage you to call us with your upcoming listings, so we can move fast and help your seller get a quick, hassle-free sale.

Treasure Coast Investments

Subject To Purchase: Frequently Asked Questions (FAQ) for Real Estate Agents

Q: What does “subject-to” mean?
A: “Subject-to” means the buyer purchases the property subject to the existing mortgage. The loan stays in the seller’s name, but the buyer takes over the payments and all responsibilities for the property.

Q: Is this legal?
A: Yes, subject-to transactions are legal and have been used by investors for decades. All parties must agree to the terms, and the transaction is handled through a title company or real estate attorney.

Q: Does the seller’s lender need to approve this?
A: The lender’s approval is not typically required because the loan remains in the seller’s name. However, most mortgages have a “due on sale” clause, which technically allows the lender to call the loan due if the property transfers. In practice, this is rare as long as payments stay current, but it’s important to disclose this risk to the seller.

Q: How does the agent get paid?
A: The agent’s commission is paid at closing, just like a traditional sale. The purchase price and commission are agreed upon in the contract.

Q: What are the benefits for the seller?
A:

• Can sell quickly, even if they have little or no equity
• Avoids foreclosure or damage to credit
• No need to bring money to closing if they’re behind on payments
• Relieved of mortgage payments and property responsibilities

Q: What are the risks for the seller?
A:

• The loan remains in their name until it’s paid off or refinanced
• If the buyer stops making payments, it could affect the seller’s credit
• The “due on sale” clause could be enforced by the lender (rare, but possible)

Q: How is the transaction structured?
A:

• Standard purchase agreement with a subject-to addendum
• Handled by a title company or attorney
• Buyer provides proof of ability to make payments
• Seller can request documentation of payments if desired

Q: Can the buyer resell or rent the property?
A: Yes, the buyer becomes the legal owner and can resell, rent, or occupy the property, just like any other owner.

Q: What happens to the existing mortgage?
A: The mortgage stays in the seller’s name and is paid by the buyer. When the property is eventually sold or refinanced, the mortgage is paid off at that time.

Still have questions?
Contact us directly at 561-602-3441 or we’re happy to explain the process and help you earn more on your next deal!