Is a split / percentage expected as a wholesaler at a brokerage?
I am new to wholesaling, and would like to activate my license for comps, searching the MLS, etc. A few brokers have offered work doing BPO's as well, which I feel like I can only benefit from, and I can get paid early on while working some deals.
As a wholesaler who would be doing non-mls deals, do you feel like I should disclose this to the brokerage? If so, do you think that broker will want a percentage? And if so to that, what do you feel like is fair?I guess what I mean is, many wholesalers who are either out on their own or don't have a license aren't paying a percentage to anyone. I am not trying to go behind any broker by any means. I just don't really know what the expectation is or what is fair.