using a realtor to help with wholesale deals

[Christy Gilliam]

Hello everyone. New to this site. I have some questions. I want to wholesale deals and assign them to a buyer, using either an Assignment Agreement or an Option to Purchase agreement. I want to use a realtor to find undervalued, handyman, re-habs. ( I understand they have access to these types before they hit the MLS). I'll have realtor find properties, do comps,etc. So, here is how the deal will go. I decide on which property I want to make offer on, decide on price, run it by the realtor. Realtor calls seller, makes this offer, seller accepts, I put it under contract, seller signs contract. Meanwhile, I am finding a buyer. I find one who wants property, I collect a non-refundable deposit from buyer, and buyer signs contract ( with inspection clause in case buyer backs out). Realtor takes contract to Title co for closing and has my fee (the remainder of it after non-refundable deposit on HUD form. Buyer cuts check at Title co. to seller. My fee will be separate on the HUD form, so Title co. will cut me my check. How does realtor get paid in this wholesale deal? Does this cut in to my fee, do I need to re-figure it? Thank you, Christine

[Curt Davis]

Your response was so long I lost interest about 5 seconds!!!