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Updated almost 3 years ago,
Proper compensation on a wholesale deal
I recently did a wholesale deal where a fellow agent made a facebook post about my home in a group and then connected me to an agent with a cash buyer for my deal. The deal went through. This was my first wholesale deal and communication with the agent who made the post (not the agent with the buyer) was not good. I offered him a 1% commission for introducing me to the agent with an end buyer as I thought what he did would be closest to a syndicator. He was upset at that number and wanted nearly double that amount.
Is there a market commission for a situation like this?
Any help would be much appreciated