"What is your fee?" and response

[Account Closed]

Hi everyone, just quick question here. If I am not doing an assignment and instead plan on doing a back to back closing using transactional funding for my A-B close, when I am advertising to my end buyer I sometimes get asked "what is your assignment fee?"  Do you just respond with "everything is included in my price". I just hate that awkward moment. This is only for those deals where you stand to make significant profit over 10k or so that I am referring to. Any answers are appreciated.

[Bill Gulley]

Using funding in you A-B means you take title, that means you're not assigning anything, you're selling. You don't have a markup, you have an asking price. 

Then, when they ask what you bought it for, I ask "how does that effect the price of beans in China?" The value of the property has nothing to do with what an owner paid for it. (In that type of transaction). :)