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Updated almost 6 years ago,
Structuring a commercial lot assemblage deal for a buyer?
I currently have one of my commercial properties in escrow and the buyers are interested in purchasing neighboring lots on both side for a large development.
The area is upcoming and gets a lot of attention from speculators and developers.
They tried cold calling the owners but got rejected. They are now turning to me and asking me to help them.
I have good relationships with both owners and perfectly know their properties. I actually already talked with them a while ago about purchasing their lots and they weren’t opposed to the idea.
I could eventually have a chance to put these two properties under contract if there is enough incentive for all parties. I know i could have wholesaled them at the same time i was selling mine but it's not my trade.
Lets say i’m willing to bother with this, what kind of agreement & fee / commission is acceptable for putting together such a deal without compromising my relationship with the buyers?