With luck, they'll jump at a cut-rate cash sale...these people love trying to hide cash from the IRS, it's like a social disease with them.This is where you make real money with your offer and then with the rehab, if you're good at rehabbing.

The difference with being an agent is you work for that brokerage and they are taking a cut to train you and help you get traction.Nobody starts out on top and you have to earn your stripes in any field.

Most use a cut-off amount, say purchases under $250.00 are authorized to be accomplished by the Managing Member, make the amount what ever you like, but if it's too much, it can easily appear that the managing member is simply acting without regard to the organization, being in line with the assets and scope of business required.

So with a $1,000 commission the first company I worked for would have given me a check for $570 but that is gross not net... uncle sam still takes a cut.  

I've done a lot of reading both in purchased books, and websites where there are all sorts of success stories about a cute little 80k find that with 5% down, eventually rents for 750/month and cash flows 150/month.

If we stay acute to the changes, we may tap into the next big opportunity created by the regulation.

Ok, so if I get it under contract I would want a cut too!

My question is basically, if I find a seller through the probate list, for example, would my agent still get a cut of that if I wholesale the property?

absolutely totally pulling your leg sorry if you took it differently .. and acutally its a compliment..

You buy the package then you get x number of people to buy it then you get a cut while also getting a cut from the people that you brought into the system.