How to structure an off market deal

[Ed Deren]

My friend owns a condo that he wants to sell between now and September. His current tenants lease ends in September so he wants to try to sell it off market first and if he doesn't get an offer he likes he will list on MLS as we get closer to September. I have my real estate license and have done a handful of deals over the past two years but have never done an off market deal. He would like me to help him sell it off market. Understanding that commissions are 100% negotiable in every situation I'm curious if anyone can suggest a good starting point? Is it reasonable to ask the seller to pay a total of 2%? 1% going to the buyers agent and 1% going to me. Is there a better way to structure off market commissions?

Thanks in advance for the help.