Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 4 years ago on . Most recent reply

User Stats

3,450
Posts
2,977
Votes
Joe S.
  • Investor
  • San Antonio
2,977
Votes |
3,450
Posts

What is a reasonable fee a buyer agent for owner finance

Joe S.
  • Investor
  • San Antonio
Posted

So I sell properties from time to time with owner finance. Whereas I typically never get over 10% down and sometimes less what would be considered a fair fee to an agent that brings me a buyer that needs owner finance? I realize the standard for most buyers agents on a transaction is 3%. However a lot of their buyers do not get approved for a loan and a deal falls through on many occasions through a traditional sale. With these owner finance transactions it is pretty much a guaranteed closing. Has anyone else used agents for this sort of thing? I typically find my own buyers, however I’d like to spend more time on my other parts of the business instead of focusing on selling and meeting buyers. 
Any insight?

  • Joe S.
  • Most Popular Reply

    User Stats

    5,752
    Posts
    3,860
    Votes
    Michael Noto
    • Real Estate Agent
    • Southington, CT
    3,860
    Votes |
    5,752
    Posts
    Michael Noto
    • Real Estate Agent
    • Southington, CT
    Replied

    Up here it would be 2.5-3% of the purchase price typically, but that is obviously negotiable. 

    • Michael Noto

    Loading replies...