I was trying to maximize my 130k in 1031 exchange money so I started looking out of state- ended up focusing on Ohio.

As used in this chapter: (A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following: (1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate; (2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate; (3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate; (4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate; (5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants; (6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate; (7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate; (8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;

Hello @Sarah Settle, I actually ended up keeping it as is since I plan on performing a 1031 exchange on the property.

It kind of depends on what the agreement says, what words were exchanged, and if you are chasing the money or taking it out of a deposit.  

This doesn't quite go to the point of your question, but if you haven't already factored this in, you should look into doing a 1031 exchange to defer paying taxes on your sale.

What are you offering on exchange for help?

Look into a 1031 exchange, also if you have lived there for even a short amount of time it could be considered your second/vacation home and taxed as a primary residence.

I presume he is selling the house in the end {for which he will get commission}.What else is he contributing in exchange for 50% of the net profit?

Also there are a handful of San Francisco Bay Area BP'ers who have started meeting informally to network and exchange ideas.

Offer to look at properties for them in exchange for him/her teaching you how to evaluate deals, estimate costs, etc.