Multi-Family and Apartment Investing
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
COMMERCIAL WHOLESALE DEALS
Ive been searching high and low and want to get an answer. I am not a broker and do not represent myself to be a broker of any kind, how do I structure my fee agreement in between a large wholesale commercial deal 40M, obviously I don't have EMD on this size of a deal and I have a buyer that is interested, how to I secure my position in the transaction and if anyone has a SUB FEE agreement that I could use.
Most Popular Reply
@Danilo Berovides I like @Greg Dickerson’s answer. Plan to collect your fee from the buyer. Have a local attorney write up a simple “marketing compensation” agreement or something to that effect. I would also suggest that you ask for a piece of equity in the acquisition in lieu of some or all of your fee. Good way to own a chunk of multifamily property without coming out-of-pocket. @Danny Randazzo thanks for the mention.