How Does A Broker Get Paid?
When they learn that their broker would receive a portion of their commission, this is a question that a lot of inexperienced agents ask. Brokers have two revenue streams: The fee, which is often 6% of the transaction price, must be paid by the seller. The buying agent and the selling broker will agree on […]
What is Wholesale Real Estate?
Real estate contracts can be purchased and sold through wholesale real estate. The tactic known as “real estate wholesaling” involves a wholesaler obtaining a contract from a seller on a property and then selling it to an investor. A wholesaler makes money by selling a property for the owner. Serving as a middleman between sellers […]