There are many who will argue my methods and that's fine, it's worked very well for me and has been extremely rewarding in ways that cannot be compensated monetarily. 

We’ve been victims ourselves and I’ve been told that directly by law enforcement.We had a scammer create a very professional website using the exact name of our lending company.

Quote from @Sarah Ali: The seller has a contract with the agent, which means they can't legally sell the property without compensating the agent.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.

Quote from @Harish Verma: i was also one of the victims of GEG.

Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

Regarding the original post, there is no "status quo" for compensation or terms.

Reason why is because FDIC Bankers "Do Not" charge points on traditional programs like primary homes, standard investment purchase and refinance, Second home/vacation homes.Lenders, Brokers all charge points to meet their Loan officer compensation plan (commission).

I don’t want compensation; I want the property.