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Updated over 16 years ago,
Real estate agent commission when wholesaling
In a wholesale deal where I assign the contract to a buyer, how does my real estate agent, who may have helped me identify the property in the first place, get paid? Do I pay him/her directly? Does the seller still pay the commission even though I'm no longer directly invovled in the sale? How does this work for a straight assignment? What about for a double closing?
Thanks!
Dan