Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 8 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Vladimir Valladares
  • Real Estate Agent
  • Katy, TX
0
Votes |
2
Posts

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!

Most Popular Reply

User Stats

743
Posts
424
Votes
Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
424
Votes |
743
Posts
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?

Loading replies...