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Updated over 7 years ago,

User Stats

5
Posts
4
Votes
Lauren Grigus
  • Real Estate Agent
  • Coal City, IL
4
Votes |
5
Posts

Illinois Brokerage Compensation On An Off Market Deal?

Lauren Grigus
  • Real Estate Agent
  • Coal City, IL
Posted

I am a licensed real estate broker, I am about to purchase two investment properties from an off-market deal.  The issue I am running into is, my managing broker is unsure if I have to legally compensate the brokerage for my off-market deal.  I am their first investor agent, so they are unsure of the legalities.

If this is the case, can I simply have my husband solely purchase the properties?

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