Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago,

Account Closed
  • Real Estate Broker
  • Milford, pa
4
Votes |
41
Posts

sellers broker/principal broker split

Account Closed
  • Real Estate Broker
  • Milford, pa
Posted

Hi all,

Question regarding arranging a split structure with a principal broker. So we agreed on a 65-35% arrangement. However, he says he represents hundreds of exclusive buyers. In which case, any listing or deal I would bring he would likely try to match up with one of these buyers. I guess you can say he's a sellers broker where his interests look out for the buyer?  He said he'd want half of that 65% split in addition to the 35% since he's got the buyer. Now I suppose he's right- its like we-co-broked. However, isn't it only fair that I should be allowed to market the property properly and receive 65%. I'm not trying to prevent him from making money as much money as he can, but something seems off with such an arrangement, that primarily results in him effectively keeping 67.5% on most deals. Maybe its this is common with off-market listings? Im not sure..

How can I better negotiate/ structure terms in this situation? Or what should I be asking for?

TIA

Loading replies...