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Updated almost 8 years ago, 02/27/2017
Do you pay the buyer's agent a commission on your flips?
I'm an investor who also has my real estate license. My primary focus has been on rentals. Now I'm switching gears and focusing on flips.
How have other agents, who do their own flips, agreed on a commission with another agent if you are both the owner and agent of the property being sold? I'm assuming you're not paying yourself a commission (except what you owe your broker) since you're keeping all the profit from the sale. Are you paying the buyer's agent 3% or doing something different?