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Updated about 4 years ago, 10/14/2020
Realtor working with Wholesaler
Hi Investors,
I am a Realtor here in Ohio and I am working with a few wholesalers, but I have a few questions.
I have been trying to find buyers for the wholesalers I am working with on an assignment deal. He is looking to assign the deal and make $10,000 and told me to stack my fee on top of the price.
For example, if the wholesaler got the property at 50K and wants it to sell for 60K I would then need to list the price as 62K to make 2K on the deal, right?
If there is a buyer that does this deal what paperwork do I need as a Realtor to make sure I get my fee? Do I need to report this to my brokerage, if so, how?
Thank you for your help!
- Mitch Huffman
- [email protected]
- 513-515-8875
Huffman Real Estate Group
7 Reviews
5.0 stars