If a RE Agent gives . . ., what COMMISSION should I pay D Agent?

[Lawrence Monyei]

Hi RE Investors,

How are you all doing? If a RE Agent gives me a lead I wholesale and I assigns the deal for $10,000.00 fee, what is the best and/or the highest percentage commission I should pay this RE Agent?  

I am thinking this commission will be between 10%, at best to 20% at maximum, it  will depends on how much I makes per wholesaling deal; and also how many wholesaling deals I can do per week or per month.

Thank you guys for always helping with your responses, God bless you all.

[Account Closed]

Standard real estate referral commission here in Austin is 25%. On top of that, I usually give a $10 gift card and thank you note for all leads even if it doesn't close. A genuine thank you or doing something that shows you care about the relationship will do more for your business than cash alone.