Typical Wholesaler / Syndicator Terms

[Mark S.]

I know this will be different for everyone, but I wanted to get a general sense of wholesalers' terms and what's considered standard practice. For example, I am in talks with a group that fulfills multiple roles: wholesaler, syndicator/equity partner, and property manager. Here are the proposed terms: Wholesaler: for bringing deals to their investors, they take a 10% wholesale fee (based on the "packaged purchase price" to the investors). Syndicator/Equity Partner: additionally, they take a 10% equity stake in the property. Property Management: they will also manage the property at 10% of gross rents while property is occupied. I'm interested in everyone's thoughts/feedback on the above. The investors essentially fund the deal and are totally hands-off. Everything else is handled by the one party. The property management piece seems standard, but I'm curious about the wholesale fee + simultaneous equity position. Is this standard?