California Wholesaling: How do you get paid in escrow?

California Wholesaling: How do you get paid in escrow?

Member since 2020 · 1 post · 0 votes

Hi,

I've been taking to escrow companies in California and they are saying that you have to be an agent to get paid during the real estate transaction (i.e. commission).  Who do you get around this during a wholesale deal in Cali?  They followed it up with saying that if I had my real estate license the process would be easy.  Are you doing double closings or are you having the cash buyer pay you directly (i.e finders fee outside the escrow)?

Thank you,

Cole

0Reply
49 views

Most Popular Reply

Real Estate Agent · Sacramento/Placer ~ San Francisco Bay Area counties · Member since 2012 · 1k+ posts · 743 votes
6y

@Shannon Wright can answer that question for you..

See this reply in the discussion

3 Replies

Jump to latestLatest
  • Real Estate Agent · Sacramento/Placer ~ San Francisco Bay Area counties · Member since 2012 · 1k+ posts · 743 votes
    6y

    @Shannon Wright can answer that question for you..

  • Escrow Officer · Temecula, Ca. · Member since 2016 · 418 posts · 152 votes
    6y

    Cole, you deposit an invoice for your fee and get paid! Here's a 2nd time where I'm tagged as the escrow officer to talk to. We talked on an FB post the other day, too.  Let's do this! :)

  • Escrow Officer · Temecula, Ca. · Member since 2016 · 418 posts · 152 votes
    6y

     Thanks Mark!!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.