Updated over 5 years ago on . Most recent reply
Realtor Compensation? Yes or No
HI all, just getting into my first deal and I've found a very good potential off market deal. I'm trying to determine if I should pay my realtor anything following the acceptance of the offer. Here's the situation:
I've had this realtor representing me for about 3 months and we went to view a potential deal from her MLS list. This one didn't quite work out but as soon as I was driving away from that showing, I found a "for sale by owner" sign only a couple houses down and went to check it out on my own. The problem I'm having is is that I wouldn't have found this property without the viewing prior but it's not like she's doing any specific work helping us acquire this deal.
I've heard on the BP podcasts that people have paid their team just because they're part of the team to keep the relationship strong. Should she get any money after the potential closing of this deal?