There are coastal commission guidelines in addition to the zoning and building department requirements.

Definitely make sure you are only on the hook for the commission to the agent who showed/sold you the property. 

If you are marketing yourself as a broker, then you should get the amount that you are taking from the deal in writing with the seller as a commission then market the deal with your clients --the seller's--best interest. 

if you have no other income  sources  -try to locate work with a firm that will  pay some sort of  base salary as you  begin  learning the  ropes  as  getting decent income is likely going to  take  time ...if you locate a place like this  - your  commission  split will be lower as  compared to  working as a  regular  100 commissioned loan offer

Absolutely, but it will be helpful for the small handful deals you are representing yourself in an open sale, but in private sales it is becoming harder and harder in the current market climate to say I want to buy your property and you are going to pay me a commission on top of that.

This way, I can discount my offer by the amount saved in Realtor commissions and closing costs.4.

Turns out she had it listed with a realtor for 6 months, realtor inflated the price to get there commission (which happens a lot) , she just ended the contract and was about to rent it anyway so when I said why dont you rent it to someone that will take care of the day to day repairs then buy it?

After cost of money, closing, real estate commissions on the back end,holding costs etc you could easily be all in at 130 or 140.

If you have a good argument to go against zoning, and a reasonable planning commission, you can sometimes get these.

The way I see it, I’d make some money on my sales commission, but most importantly have my first deal in the bag and a potential blockbuster that would allow me to attract future capital.Your thoughts?