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Updated over 2 years ago on . Most recent reply

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17
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1
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James Popp
  • Alexandria, KY
1
Votes |
17
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When and how do realtors get paid in a wholesale deal?

James Popp
  • Alexandria, KY
Posted

Do realtors make their commission based off of the price I negotiated with the seller? Or do they make their commission based off of the price my cash buyer bought it for? If it is the latter, then in my mind I'm thinking that realtors would want to work with wholesalers.

But I keep hearing about this bad stigma between realtors and wholesalers and I'm trying to figure out how I can approach one as an aspiring wholesaler.

Most Popular Reply

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66
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29
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Lawrence Robinson
  • Flipper
  • Columbia, SC
29
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66
Posts
Lawrence Robinson
  • Flipper
  • Columbia, SC
Replied

Realtors with a bad taste for wholesalers generally don't know or understand this component of real estate investing. Seasoned investors actually seek out and depend on wholesalers who provide research and bring value added deals to the table. These wholesalers actually earn their fee and operate based on a solid business model. Inexperienced wholesalers, on the other hand, who chase realtors and provide proof of funds that aren't worth the paper upon which they are written and misrepresent their true intentions won't survive in this very competitive market. There is no room for dishonest, unethical wholesalers nor is there room for incompetent, lazy realtors.

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