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Updated over 3 years ago on . Most recent reply

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5
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John Velez
  • Wholesaler
  • Bronx, NY
0
Votes |
5
Posts

Need JV Contract between wholesalers & realtors (New Jersey)

John Velez
  • Wholesaler
  • Bronx, NY
Posted

Hi. I'm wholesaling in NJ and I have a bunch of leads where sellers would prefer selling with a realtor or their property is renovated and they want market value. I'd like to share these leads with a New Jersey real estate agent and be paid a portion of their commissions for bringing them the deal. Does anyone have a Joint Venture Agreement/Contract where I can split a portion of the realtor commissions at closing? Preferably in NJ. 

Most Popular Reply

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9,365
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6,551
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
Votes |
9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

That may not be legal for them to pay an unlicensed broker.

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