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Updated about 4 years ago on . Most recent reply
How Do I Compensate The Buyer's Agent - Wholesaling
Let's say an agent brings me a cash buyer and I decide as the wholesaler to pay him/her part of my wholesale fee, how exactly do I compensate the agent or a better way to phrase the question how does title know to pay the agent? Will I need to have an agreement between me and the buyer's agent along with instructions on how to pay the agent and if so what type of agreement should I have with the buyer's agent. Hopefully, my question makes sense because I could really use some help with the one.
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I'm sure the agent is going to make sure they get paid. Maybe you should ask the agent how they normally handle these types of deals, what their percentage is and when they get paid.