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Updated about 5 years ago on . Most recent reply

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Advantages of Real Estate Agent

Nyaisha Cummings
Posted

My sister and I started an real estate investment company in August. We started out with wholesaling however my sister recently became a realtor. How do we use her being a realtor to our advantage. We have found below the market deals on the MLS and we have interested buyers but how would we get paid from bringing a buyer to a sellers agent.

Thank you

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1,790
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Cameron Tope
  • Property Manager
  • Katy, TX
1,382
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1,790
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied

@Nyaisha Cummings you and your sister have buyers for deals that you found on the MLS, right? Then @Stephen J Davis is correct your sister will get whatever the commission split is offered to the buyers agent by the broker. 

You will only be allowed up to $50 in a referral fee, since you are not an agent. 

Wholesaling works best with off-market properties. 

At least you're finding deals!

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