Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
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 about 7 years ago on . Most recent reply

User Stats

126
Posts
110
Votes
Michael Ehmann
  • Rental Property Investor
  • Atlanta, GA
110
Votes |
126
Posts

Commission on purchase if you are your own RE agent?

Michael Ehmann
  • Rental Property Investor
  • Atlanta, GA
Posted
If I am my own real estate agent buying an investment property for myself, do I get the % commission which would typically go to the buyer's agent? Pretty simple question. I tried to Google it but couldn't find anything (maybe I'm using the wrong search terms). Hopefully I picked the right category to post this. I'm still newer here, so if I'm supposed to post this somewhere else, let me know.

Most Popular Reply

User Stats

4,335
Posts
4,242
Votes
Greg H.
  • Broker/Flipper
  • Austin, TX
4,242
Votes |
4,335
Posts
Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

MLS Deals- Individual seller yes

Short Sales- almost always no

Reo- FNMA, Va, and Freddie yes. Others Maybe 

HUD- No , however you can always reduce your bid by 3% . So in effect, an agent representing themselves can purchase for 3% cheaper as all Hud considers is the net to Hud

Always consider forfeiting your commissions as opposed to collecting them so you are not paying income taxes 

  • Greg H.
  • Loading replies...