Wholesaling where a realtor finds you a buyer

[Jacob Michal]

Okay so I have been wanting to use a realtor to maximize my wholesale profits and I understand they add their fee on top of the price that I want but what contracts would I use with the realtor since I’m assigning the property using a assignment contract? Would I use a jv optional contract to sign with the realtor? Someone help please who’s been through this process I would greatly appreciate it.

[Dustin P.]

Let's say the realtor wants a flat commission of $3,000 and you are selling the property for $150,000. The realtor's buyer will buy the property at $153,000 and the realtor will get paid out a $3,000 commission at closing. Since they are licensed they can just get paid on the settlement statement.