Quote from @Chinku Prasad: First, you can contact your insurance provider to see if they will cover the damages and then pursue compensation from the other party. 

Partner 1, who sources deals and manages the business, should receive compensation that reflects the effort and responsibility they take on.

My Realtor mentioned there is a Broker compensation ($695).

Since August 17th, in my area (Northern NJ), I have not shown a home that was not giving between 2 and 2.5 percent buyer compensation.

not wrong  just have to look at markets and market conditions.in many areas of the country building new just does not make sense when existing inventory can be bought for far less than replacement costs.. and rents wont change enough new vs old to compensate for it.

If you sign a contract with compensation for these agents and vendors to assist your portfolio....well, then, you've essentially done the same thing as a PM but with more contracts and relationships to manage.Specifically answering your questions:1.

Its always been illegal from the state regulators view it violates the Real estate sales laws of brokering RE with no license.. the definition of brokering RE is to bring two parties together for compensation exactly what wholesalers do.. but without a valid license or listing agreement. 

I requested a compensation but they still not gotten back to me.

I will not be acting as the MLO on the transaction but will be compensated as the business development manager on commission basis fromxyz company. 

The loan officer is in a loan officer compensation plan under a branch that has a "branch bucket".