...i reached out to an investor asking that i be added to their vip cash buyers list, as i have been given the green light by several buyers to bring sellers to table. she sent me a deal - its great, off-market in north cali with around 40 units, fully entitled. so i sent the deal to my cash buyers list and immediately got a buyer who wants it.
i asked my investor friend if she pays a finders fee and she said yes...but since i know that my cash buyer is more than happy to pay above to asking price for the deal, id rather secure the contract myself and then assign it to my buyer but one obstacle i might face is that my pof isnt for 10 million its about half of that....with getting this contract myself also i dont have to worry about next time my buyer going directly to my investor and getting future deals that would leave me cut out of the deal.(which just happened on our last deal)....please advise what would you do?
I’ve done it before, never on something this size, but told the wholesaler selling the property I didn’t want a finders fee because my buyer was willing to pay more. So we drew up the assignment and had the assignment fee broken down to what the first wholesaler got and what I got. Everyone was happy. Wholesaler A got more since he didn’t have to share his portion with me, I got some, seller sold property, and buyer got a great deal.
ok thats great...so one of buyers is also an expert wholesaler. he just called me and told me that he has the property sold to his buyer for more than im asking as well...so if i went with his offer, would i just add the fees together and include both of our assignment fees in the contract ? i think you answered this question already.. just want to confirm..
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