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 almost 6 years ago on . Most recent reply

User Stats

21
Posts
7
Votes
Derek Merdzik
  • Rental Property Investor
  • Toronto, ON
7
Votes |
21
Posts

Real Estate Agent & Wholesaler Dynamic

Derek Merdzik
  • Rental Property Investor
  • Toronto, ON
Posted

Could someone help me understand working with a wholesaler and real estate agent at the same time works?  If I find a deal through a wholesaler and am working with a real estate agent, does the real estate agent represent me in the transaction still?  If working directly with a wholesaler do I need a real estate agent?

Most Popular Reply

User Stats

2,251
Posts
1,655
Votes
Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,655
Votes |
2,251
Posts
Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

You can try to negotiate a certain fee with your agent. Make the expectation that if they bring you the deal they you will compensate them but if the deal is from your own self generated lead then you can pay them a flat fee for comps and market input - perhaps the list back for resale. 

You will still be able to keep the rapport of both the wholesaler and agent while being completely transparent with both parties. 

Please be sure to have a good RE attorney if you're doing an off market completely unrepresented. Practice caution and as the saying goes .. if it's too good to be true, it usually is. 

Loading replies...