Mixed Use Development participation question?

[Jay H.]

Here is my situation,

I have assembled a group of properties within a block of FSU campus, and am in the process of bringing in an out of town developer to turn the project/contracts over to. My goal is to stay in the deal as the exclusive broker, and all around gopher/student of the out of town developer to learn the process and gain exposure from the marketing.

My question is, what is a reasonable fee/% to request from the deal. Since I am not bringing any capital to the deal, I don't expect a large % of the profit, but I also don't want to leave money on the table either.

Thanks for the input...

Jay