Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 over 5 years ago on . Most recent reply

User Stats

58
Posts
11
Votes
Nancy Mascorro
  • Real Estate Agent
  • Los Angeles, CA
11
Votes |
58
Posts

Real estate agent commission fees for friends

Nancy Mascorro
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hello fellow agents!

I’m curious. What % do you guys charge your friends and families in transactions?

Please share πŸ‘‡πŸΌπŸ‘‡πŸΌπŸ‘‡πŸΌ

Most Popular Reply

User Stats

2,458
Posts
2,400
Votes
Lynnette E.
  • Rental Property Investor
  • Tennessee
2,400
Votes |
2,458
Posts
Lynnette E.
  • Rental Property Investor
  • Tennessee
Replied

I am not a realtor, but unless its a parent child relationship, you should treat them like they treat you.

If they are an auto mechanic, do they charge you?

If they do taxes, do they do your taxes for free?

If they own a restaurant, do they charge you when you eat there?

Its your job, your income, don't short yourself unless you have an on-going relationship where neither of you charge and you both provide benefits/service.

For example one of my brothers was an auto mechanic.  He only charged me for parts and always asked me to make him certain pies/breads/ etc. in exchange for his labor.  He preferred that as he did not have time for baking, and liked the goods.  We had exchanged labor since we were kids.  I sewed him a quilt as a pre-teen and he did my chores for 2 weeks, etc.

My other brother was a carpenter.  He charged everyone, my parents included, and that was how things were done with him.  

Loading replies...