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Updated over 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Yuma, AZ
45
Votes |
637
Posts

( wholesaling ) Do you pay your agent when they send you deals?

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted

Im gonna get real estate agents so they send me deals to wholesale. So my question is, Do I Have to pay them? Do you pay them when they send you deals to wholesale? Thanks.

Most Popular Reply

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53
Posts
16
Votes
Omar Bunch
  • Hardin County, KY
16
Votes |
53
Posts
Omar Bunch
  • Hardin County, KY
Replied

Fili, I recently asked a question that is similar to this. Based on the feedback I received, it sounds like is the decision is up to you. If that is the case, keep in mind that you want to build relationships, not destroy them. One person informed me that they are up front with realtors and offer them 3% of the sale price. Some may disagree but that realtor if that realtor provided you the property that led to a deal, why not take care of them. Investors frequently offer referral fees to average Joe. In my humble opinion we should take of the realtor because that is their profession and I believe they will be more apt to help you out in the future if they believe they were taken care of.

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