Profit Sharing

[Suraj Nagrani]

Hello Everyone,

I would like to know your opinions on what the profit sharing breakdown should be in the following situation:

I'm based overseas and I have someone on the ground in the U.S. that will be bidding on my behalf at the local county real estate auction. I will be providing 100% of the funds to pay for the properties each of which are estimated to cost about US$75,000. The plan is to fix up the properties (basic touch up) and put them back on the market and hopefully sell within 90 days. The person on the ground will be handling the buying, rehabbing and selling for me. 

Although this is a very general description of the situation, what do you feel is a reasonable compensation for the person on the ground?

Thanks