Comments on: Wholesalers: Who Pays Your Buyer’s Agent? http://reitips.com/who-pays-the-commission/ Real Estate Investing, Undressed: Tips, ideas and news real estate investors can use. Thu, 18 Mar 2010 03:09:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jared http://reitips.com/who-pays-the-commission/comment-page-1/#comment-5134 Jared Tue, 19 May 2009 12:00:45 +0000 http://reitips.com/?p=1346#comment-5134 It sounds like he is acting as a buyers agent and is trying to negotiate the best deal for his client. For me it would come down to how many other people were interested in taking the deal w/o this commission. I would stall if there were no others to see what came around before I gave him my answer. Even though the investor is really the party responsibe for the agents compensation, some money is better than no money and he would certainly be able to pitch that to his investors in the future. I believe "The flip man" on Youtube covers this answer also. It sounds like he is acting as a buyers agent and is trying to negotiate the best deal for his client. For me it would come down to how many other people were interested in taking the deal w/o this commission. I would stall if there were no others to see what came around before I gave him my answer. Even though the investor is really the party responsibe for the agents compensation, some money is better than no money and he would certainly be able to pitch that to his investors in the future. I believe “The flip man” on Youtube covers this answer also.

]]> By: Matt http://reitips.com/who-pays-the-commission/comment-page-1/#comment-4820 Matt Tue, 19 May 2009 04:45:32 +0000 http://reitips.com/?p=1346#comment-4820 Sounds like an easy deal still. Nothing wrong with the agent asking for full upfront (unless they're a bit "pushy" about it ;) ), then re-negotiate a bit from there depending on the numbers. All can still win on this. Sounds like an easy deal still. Nothing wrong with the agent asking for full upfront (unless they’re a bit “pushy” about it ;) ), then re-negotiate a bit from there depending on the numbers.

All can still win on this.

]]> By: Eli Perkins III http://reitips.com/who-pays-the-commission/comment-page-1/#comment-4819 Eli Perkins III Tue, 19 May 2009 04:45:23 +0000 http://reitips.com/?p=1346#comment-4819 It just so happens that I was wondering this same exact thing. You explained it for me to where I dont feel bad now. You're right about "spreading the love" when it comes to making sure those that help you complete deals are happy. A bunch of small deals sure on a consistant basis beats one big deal. It just so happens that I was wondering this same exact thing. You explained it for me to where I dont feel bad now. You’re right about “spreading the love” when it comes to making sure those that help you complete deals are happy. A bunch of small deals sure on a consistant basis beats one big deal.

]]> By: Scott Phillips http://reitips.com/who-pays-the-commission/comment-page-1/#comment-4630 Scott Phillips Tue, 19 May 2009 00:24:40 +0000 http://reitips.com/?p=1346#comment-4630 Hi JP, I agree with what you said. There are lots of variables that were not mentioned in the question, but I would doubt if the A-B seller would be willing to pay it so I would consider explaining to the agent that you normally assign these deals with minimum profit but you are going to propose a 3% commission to be split between and your B-C buyer. If there is still lots of profit, give the agent a bonus. Otherwise, explain to them that you will try to protect them with as much commission as possible on future deals. Hi JP,
I agree with what you said. There are lots of variables that were not mentioned in the question, but I would doubt if the A-B seller would be willing to pay it so I would consider explaining to the agent that you normally assign these deals with minimum profit but you are going to propose a 3% commission to be split between and your B-C buyer. If there is still lots of profit, give the agent a bonus. Otherwise, explain to them that you will try to protect them with as much commission as possible on future deals.

]]> By: SANDOR OCHOA http://reitips.com/who-pays-the-commission/comment-page-1/#comment-4623 SANDOR OCHOA Tue, 19 May 2009 00:16:10 +0000 http://reitips.com/?p=1346#comment-4623 Could not have explained better. The word is "fair" and the conclusion should be a wi-win-win situation. Congratulations! Sándor R. Ochoa, ABR, CIPS, GRI, TRC Licensed Florida Real Estate Broker Could not have explained better.
The word is “fair” and the conclusion
should be a wi-win-win situation.
Congratulations!

Sándor R. Ochoa, ABR, CIPS, GRI, TRC
Licensed Florida Real Estate Broker

]]>