Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Debbie Young
  • Wholesaler
  • Upper Marlboro, MD
0
Votes |
4
Posts

Wholesaling Question

Debbie Young
  • Wholesaler
  • Upper Marlboro, MD
Posted

Hi BP members!

I am new to wholesaling, so I need some advice on a potential deal that I received.  I recently received a property from a real estate agent (I am working with the buyers agent).  The asking price for the property is $900K, and I have a buyer that is interested in the property.  

If the deal goes through, who pays my finders fee (I'm assuming the Real Estate Agent, but not sure)?  If so, does the agent put together a contract to ensure that my finders fee is paid beforehand?  

How do I know what to ask for as a finders fee, if I don't know what the final purchase price will be?

At what point do I receive my fee?

Thanks in advance for your feedback!

Loading replies...