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Wholesaling

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Bernardo Rico
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How to compensate a buyer’s agent without paying comission

Bernardo Rico
Posted Jan 5 2023, 12:26

As a new wholesaler, I have been doing agent outreach to get leads for my business. Usually they are on market but the ones I am currently looking at are off market so how would I compensate the buyer’s agent who put me on an mls search if the seller isn’t paying comission? 

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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
Replied Jan 5 2023, 13:15

Are the agents sending you off market deals or are you finding them on your own? 

I typically send my clients off market deals that everyone can see like on FB or on wholesalers lists. If I send them one and they jump on it, I dont expect anything.  

I feel like they would list it with me or buy more with me in the future. 

I'm sure there are ways to compensate them but I never expect it. 

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied Jan 5 2023, 18:13
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
Replied Jan 5 2023, 21:24

If the realtor brought it to you that's something you guys are going to have to negotiate. If it had nothing to do with the other realtor no need to pay.