It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I am a Broker Salesperson in the Jersey City/Hoboken area with over a decade of experience and have worked with many investors. 

There are some lenders that brokers can work with that also get down to Prime (7.5% as of today). 

I don't know a single broker who would allow an agent to wholesale while hanging their license at their firm. 

@Eamon Conheady - was the other lender a company or a private individual? 

You didn't mention where you are operating, but depending on average home prices, I think you'll be ok.For instance if we're talkin $500k homes, and if you will get a 2.5% commission, split that 50/50 with your Broker, you will end up with $6,250 per sale, right?

or you can reach out to a broker who can shop 80 lenders in a matter of minutes for you.

He is a direct lender, not middleman broker fees. 

I turn over to my insurance company and they are paying for the lawyer to fight the lawsuit. 

I’d simply ask in what situations where the broker and the brokers firm did nothing to facilitate the sale do you think you should get paid a commission?