Updated over 6 years ago on . Most recent reply
Compensating Agent for Wholesale Help
Starting out if I use an agent to make offers, and run comps, what would be a fair compensation to them if I end up wholesaling a deal?
My idea is to flip but if I get two low offers accepted at the same time, I will likely wholesale the 2nd. What do you think is fair? Should I plan to give the agent like 10% of the wholesale fee, or a flat $500-1000 referral? I would obvious use them again and have them be the listing agent when my flip is complete. Is the ongoing future relationship the expectation for most?