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Updated almost 10 years ago,
How are real estate agents paid with creative financing?
ive got 2 properties I am looking at both with very motivated sellers, divorce and over worked land lord. I should know soon if I get my FHA loan, but if I don't I will be trying creative financing. Question is though, if I do partial seller financing, small down payment+monthly cash flow for several years, how exactly is the agent's pay factored in? Is he paid a percent is the down payment or the overall price? Are there circumstance where he would not get paid for his work and thus be less inclined to bring me deals?