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Updated about 7 years ago,
How do you calculate a fair wholesaling cut?
I am just starting out and feel like the wholesaling avenue is the best beginning path for me. How do I determine a fair "fee" for the bird-dogging service I would be doing? Is it some standard percentage based on the price of the home or a flat fee or based on profit margins? I am also an agent so I will not have realtor costs if I have to close and then sell or if we do a simultaneous close, it is possible I could also represent the Investor (Buyer) as well. If I do - how would that affect the amount that would be my cut? Thank you in advance!