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Updated about 14 years ago on . Most recent reply
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Buyer/Investor Agent
What is the average amount that someone acting as a Buyer's/Investor's agent gets paid? i.e per house.
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Originally posted by Jasmine Claye:
They're quite different.
A wholesalers typically has the property under contract or an option to purchase the property. The wholesaler (party B) would make a profit on the difference between the purchase price (party A) and the sales price they sold it to the buyer (party C).
A buyer's agent shows the investor multiple properties and writes offers on that investors behalf. The seller typically pays 5-6% commission and it is commonly split between the listing agent and the buyer's agent.
Wholesalers are basically undertaking the risk and doing marketing to find properties under market value and is discussed a lot on this forum.