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.
Buying & Selling Real Estate
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

18
Posts
11
Votes
James O.
  • Real Estate Agent
  • Chicago, IL
11
Votes |
18
Posts

Turnkey marketers don't represent buyers. Why?

James O.
  • Real Estate Agent
  • Chicago, IL
Posted

I was talking to a turnkey company and I read in the fine prints that they do not represent buyers. I always thought of them as buyer agents in a turnkey purchase. Is this because they want to avoid legal issues? Or not take on duty as a fiduciary?

Also, how much do the turnkey marketers get paid? Do they charge sellers 3% for the "representing" buy side?

Most Popular Reply

Account Closed
  • Investor
  • Singapore
3,225
Votes |
1,581
Posts
Account Closed
  • Investor
  • Singapore
Replied

If the turnkey company owns the property they are the seller. IF they are just a marketing company they are working for the seller. They are not buyers agents at all.

Loading replies...