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Updated almost 6 years ago on . Most recent reply

Jason Malabute's profile image
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Jason Malabute
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  • from Los Angeles, CA
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Jason Malabute's profile image
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Jason Malabute
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  • from Los Angeles, CA
  • Member since Apr 20, 2016
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Jason Malabute
  • Accountant
  • Los Angeles, CA
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Starting Out

Paying my agent bonus

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

I’m in a hot market. How much of a bonus should I pay my agent to incentivize my agent to find me killer deals that meets my goals (not just mediocre deals currently on market)?

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Frank Wong's profile image
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Frank Wong
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Frank Wong
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Frank Wong
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  • Bay Area
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Frank Wong
  • Real Estate Broker
  • Bay Area
Replied

Hi Jason,

If it is an off-market deal you can pay your agent 2.5-3% of the sale price for bringing it to you. If its an MLS deal, the agent will be paid by the set forth commission and you don't need to.

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