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Updated about 1 year ago on . Most recent reply
Wholesale with buyers agent - do they get commission?
Hello all,
I couldn't seem to find a direct answer to this question yet. My question is this: if I am working with a buyers agent to get a potential wholesale deal under contract for me, if/when I find a buyer for the wholesale transaction, will she still get the buyers agent commission? This is on a MLS property. I ask because she has been very good to work with and I don't want to waste her time writing up an offer for me if she still doesn't get her part of the commission.
Thank you,
Tae
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Yes. If the property is on the MLS, the original seller would be responsible for paying a commission to the listing agent and the buyer's agent.
Now, that being said, it doesn't really make sense to wholesale a property that's on the MLS. The end buyer could have just put in an offer directly with their own agent.