Agent/Realtor Wholesaling: Commission Versus Wholesale Fee?

Agent/Realtor Wholesaling: Commission Versus Wholesale Fee?

Real Estate Agent · Atlanta, GA · Member since 2015 · 7 posts · 0 votes

Agents/Realtors: Do you take both a commission and wholesale fee while wholesaling properties? Or just a wholesale fee while forgoing commission? What do your brokers allow?

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  • Russell BrazilBusiness Member
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    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    6y

    Id suggest that agents should not wholesale if net listings are illegal in your state.

  • Real Estate Agent · Atlanta · Member since 2018 · 137 posts · 69 votes
    6y
    Originally posted by @Russell Brazil:

    Id suggest that agents should not wholesale if net listings are illegal in your state.

     You'd probably be safest by just treating a "wholesale" deal like an off-market pocket listing and take a commission (that might be higher than the standard 3%). I'm obviously not a lawyer though so someone please say if there's something wrong with that approach.

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