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Updated over 6 years ago,
How does a brokerage charge commission for agents who wholesale?
Hey everyone so I searched the forums for a bit and maybe I need to search longer but here is my question.
We are a licensed brokerage in Georgia. We would like to start hiring agents to wholesale like New Western and other brokerages do. My question is how, as a brokerage, do I structure the contract and collect a fee for my agents who want to wholesale. Further more who is listed as the buyer? I assume it would be the company causing me or my partner to have to sign at every double closing. Is this the way it should be structured?
Ps. We are disclosing that we are licensed agents and purchasing to sell for a profit.