Updated over 11 years ago on . Most recent reply
Commissions in wholesaling?
If a wholesaler does use an agent to find properties, I assume you would have to use this agent to sell the property as well, even if you're doing an assignment (or else there's nothing in this for the agent). My question, then, is how does the agent's commission factor into my calculations? That is, I would obviously hate to have my entire profit get eaten up by the commission! Do you just subtract the commission from the usual 70% ARV minus repair costs minus my profit? Hope this makes sense. Thank you!