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Updated about 11 years ago,
Referral Fees
Hi community. I have a question about referral fees.
1) I told an agent I was wholesaling properties, she told me she would connect me with an active RE investor.
I understand that on the first property a 20-50% referral fee could be justified.
Im not sure what the proper referral fee should be on the following transactions. I mean I believe that she should get something.
I believe in cooperation not competition I just dont want to commit to giving a bigger cut than appropriate.
Thank you in advance for any and all advice.