My wife also made over $1k in commission, so we made close to $11,500 on the deal.What a great feeling, I know this is a long thread but I hope it helps others out there.

I was told how to use a realtor for making offers (simply put that buyer pays all closing costs and realtor commissions) The home needs repairs and the asking price is 79k.

I forgot to also mention that along with a Realtor and the MLS comes the commission that you'll be paying to the Realtor.

Commissions for your realtor are preset when you are using them to buy a listed property.

Units:12# Building Size:11,520 SF# Price/Unit:$49,833.33# Property Type:Multifamily# Property Sub-type:Garden/Low-Rise# Property Use Type:Investment# Construction Status:Existing# Commission Split:2.5%# Cap Rate:8%# Occupancy:100%# No.

I figured if I was going to be in sales, and had to go through all the same selling process, Let me sell big things with big commissions.

State RE commissions might buy the master lease once, doing a string of them on multiple properties can look like a way to circumvent RE laws, depends on you state.

Also mls access, property profile access, any form they would need, free attorney service and more opportunity to earn commissions on other deals that are not wholesale.

@Alexandra King, Why most realtors don't want to work with wholesalers is because wholesalers don't want to pay the realtors commission or offer to split your wholesale fee with the realtor.

Said if I can offer her $600k with no commissions she'd sell it in a second.