Assignment Fee Question (repeat)

Bird Dogs, Wholesaling
1

What is the standard assignment fee that y’all charge to your buyers…many of the homes in the area that i am going to start are greater than 150K and some as much as 1M, but I am going to aim low and stick to properties from 150k to 300K.

Is 10% of the equity too much or say 10% of the total price…what do some of you in large, higher priced markets do? (i.e. SF Bay Area, SoCal, Las Vegas, Phoenix, etc.)

Thank you in advance for any help that you can provide.

2

You might catch an idiot who would pay 10% of the value. I’d be willing to pay 2-5% on days I’m feeling generous. For your price range of 150-300k, 3k on the low end and maybe 12-15k on the high end is reasonable.