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Updated almost 6 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.

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