Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Buyers agent in for a wholesale assignment
I recently closed on a property that I purchased through an assignment from a wholesaler. I am under contract with a buyers agent and used them to run comps as well as other services on the property. At closing, the wholesaler was listed as the buyers agent and therefore got the commission from the seller on top of the assignment fee. My questions are (1) Is this normal procedure for wholesale assignments? (2) If not, who should I have communicated my agents information to? And (3) is there anything that can be done now that we have closed?