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Updated over 10 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from boston, New Hampshire
  • Member since Apr 18, 2014
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from boston, New Hampshire
  • Member since Apr 18, 2014
Connect
Account Closed
  • Real Estate Investor
  • boston, NH
32
Votes |
401
Posts
Wholesaling

finders fee?

Account Closed
  • Real Estate Investor
  • boston, NH
Posted

so i have a partner.

the deals that work i wholesale to him. the deals that dont work i give to my partner for a finders fee and he can list them with mls or whatever agents do...

how much should i be asking for a finders fee

1 Vote
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Bryan L.'s profile image
Bryan L.'s profile image
Bryan L.
  • Residential Real Estate Agent
  • from Cookeville, Tennessee
  • Member since Jul 1, 2013
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Bryan L.'s profile image
Bryan L.'s profile image
Bryan L.
  • Residential Real Estate Agent
  • from Cookeville, Tennessee
  • Member since Jul 1, 2013
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Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
948
Votes |
1,980
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Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
Replied

This is one of the reasons that I advocate for investors to also be Realtors.  When you can't make a deal work because there's not enough equity, you can often turn it into a listing and make some money that way.  I've done it many times.

3 Votes
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