$400 fee common for a buyers agent?
I recently decided to educate myself in regards to investing in rental properties. After inquiring about the NOI and a few other details on a 16 unit apartment building in Newport News, I was contacted by an agent who eventually proposed a 3 month exclusive agreement. There was also a $395 transaction fee if any deal was accepted. Is this fee structure commonplace for agents in this area claiming to be investor-oriented?