Advantages of Real Estate Agent
My sister and I started an real estate investment company in August. We started out with wholesaling however my sister recently became a realtor. How do we use her being a realtor to our advantage. We have found below the market deals on the MLS and we have interested buyers but how would we get paid from bringing a buyer to a sellers agent.
Thank you
Most Popular Reply
@Nyaisha Cummings you and your sister have buyers for deals that you found on the MLS, right? Then @Stephen J Davis is correct your sister will get whatever the commission split is offered to the buyers agent by the broker.
You will only be allowed up to $50 in a referral fee, since you are not an agent.
Wholesaling works best with off-market properties.
At least you're finding deals!