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Updated over 7 years ago on . Most recent reply

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19
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14
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Garrett Wilson
  • Rental Property Investor
  • Denver, CO
14
Votes |
19
Posts

Buyers agent in for a wholesale assignment

Garrett Wilson
  • Rental Property Investor
  • Denver, CO
Posted
I recently closed on a property that I purchased through an assignment from a wholesaler. I am under contract with a buyers agent and used them to run comps as well as other services on the property. At closing, the wholesaler was listed as the buyers agent and therefore got the commission from the seller on top of the assignment fee. My questions are (1) Is this normal procedure for wholesale assignments? (2) If not, who should I have communicated my agents information to? And (3) is there anything that can be done now that we have closed?

Most Popular Reply

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10,177
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16,424
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
16,424
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10,177
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied
Originally posted by @Brent Coombs:
Originally posted by @Brian Garrett:

@Brent Coombs Think you tagged the wrong "Garrett" in your response, lol.

Yeah, sorry about that. Then when I tried to edit, it wouldn't tag like it usually does (after only four characters), and, oops, spelled his name wrong in the end. 

[But that's not why it wouldn't tag! Moderators, why don't tags work when editing?]...

 @Mindy Jensen I managed to tag Mindy here. Let's see if I can edit and add someone else. 

Edit: @Russell Brazil Yup, no problem adding a tag to an edit. Are you doing this on a PC or on a phone? I know if I try to do it on my phone, it doesn't work properly unless I'm in the App. Which brings up other issues.

Edit 2: Hey! I have Russell tagged but he doesn't come up in the edit. So if I do an edit, it lets me tag them, but then they're not "blue" in the edited version. No idea, maybe something programming can look at. 

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Skyline Properties

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