Tax Liens & Mortgage Notes
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Brokers and Fees (banging my head against the able)
I was having this discussion the other day with another note buyer. I have noticed that brokering has exploded in the note space which is scary. However I have also noticed brokers charging agent prices (6%) on note sales. My question is, who is really suppose to pay brokers fees. I am all for someone getting paid, but I am not paying someone 3-6% for introducing me and emailing me a list. If this was regular real estate the seller would pay those fees. So why are buyers being forced to pay broker fees in the note space.