How to pay realtors?

[Changseok Kim]

Hello BP members,

I am working with a realtor to find deals. This realtor suggested to go to auction houses and ask owners (or present tenants) to show the inside of houses and participate in auction if I like. He will come with me to visit houses and help with auction, too.

I have not done this type of deal, and this is my first time working with him. It sounds like pretty good idea, but i cannot help thinking what the realtor gets in this? Or how much do you pay realtors for this type of service? Am I missing some sort of hidden fees?

I will appreciate if you share your thoughts and experience.

Thank you!

[Forrest Faulconer]

Originally posted by @Changseok Kim:

Hello BP members,

I am working with a realtor to find deals. This realtor suggested to go to auction houses and ask owners (or present tenants) to show the inside of houses and participate in auction if I like. He will come with me to visit houses and help with auction, too.

I have not done this type of deal, and this is my first time working with him. It sounds like pretty good idea, but i cannot help thinking what the realtor gets in this? Or how much do you pay realtors for this type of service? Am I missing some sort of hidden fees?

I will appreciate if you share your thoughts and experience.

Thank you!

Hi Changseok, why don't you just ask the Realtor all of those questions instead of trying to find out through other sources? I am sure he/she would be more than happy to discuss any and all business related items with you! :)

Forrest Faulconer