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Updated over 8 years ago on . Most recent reply

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Vladimir Valladares
  • Real Estate Agent
  • Katy, TX
0
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How can I make this deal work?

Vladimir Valladares
  • Real Estate Agent
  • Katy, TX
Posted
Hello everyone, I am an agent located in Houston, Tx. Here's my situation. I have an investor I'm representing who is wanting to purchase a property off the market. I found the property through a wholesaler who is wanting to sell it for a certain discounted price. My question is how can I negotiate how much I make in commission or fees off this deal and are there certain contracts specifically used for off market properties? Is my broker still entitled to a commission for this kind of deal? I just would like to clarify this up so this deal can be done the right way. I'd greatly appreciate anybody's comment Thank You!

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Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
424
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Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
Replied

Normally these wholesale deals are done personally seller to buyer without agents involved.This would be a bird dog finders fee situation if you can pull it off.You are not gonna get a full 3% or more commission from a wholesaler.Have you alerted your investor to the property and gone to see it yet? If not,go to the wholesaler and tell them you have a strongly interested buyer and you want a finders fee for the sale.10 to 15% of the wholesalers profit is fair.Unless you used your resources and information supplied by your brokerage (MLS,advertising from brokerage,etc), I would keep it under raps.If they didn't help make the deal happen,why pay them for nothing?

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