Percentage of Assignment Fee to Real Estate Agent?

Percentage of Assignment Fee to Real Estate Agent?

Magnolia, TX · Member since 2018 · 4 posts · 1 vote

In wholesaling, if a real estate agent gives you a lead on a house and you end up putting it under contract and successfully assigning it to an end buyer, is it legal to give the real estate agent a percentage of the assignment fee? Or would that be considered bribery or some other illegal form of compensation? Thanks

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  • Rental Property Investor · Houston, TX · Member since 2015 · 117 posts · 55 votes
    8y

    It'll be considered co-wholesaling and you and the agent 'should' split the assignment fee 50/50

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