DC Wholesaling Fee Question

[Emily Segal]

Hi BP,

Does anyone know what a "normal" wholesaling fee would be in the DC market? I have recently met a developer in the area and brought him information on two property leads without sharing the exact address. He is interested in the properties and would like to go see them in person. As of now, I do not have either of them under contract.

The developer has sent me a template for the contract that he uses for finders fees and asked me to fill it out, including the amount in the compensation section. This is my first time working on a potential wholesale deal so any advice would be appreciated! 

Thanks,

Emily Segal