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Updated over 5 years ago,
Paying Brokers on Seller Financing Deals
Hey BP Team - My partner @Daren D Wagner and I started a business 18 months ago and now have $750k under managment and ~$11k in Cash Flow.
My question today is for those of you who have done or have brokered an owner finance deal. I believe the biggest hang up with brokers wanting to write the deals is “what is in it for them.“
I am curious to see how any of you that have completed a deal have addressed this. My first couple of inclinations is that it was compensated some way out of a down payment. However, what if the deal was complete owner financing.
PLEASE READ: Before replying, we don’t answers that say “You have to go to the seller your self” or any for of that. We are addressing that with a different strategy. We are looking for specific answers from either commercial brokers or investors who have been apart of these types of deals in regards to commercial real estate when using a broker.
Looking forward to your responses!
Josh