We Buy Houses Fast In NJ Finder’s Fee
We buy houses in New Jersey as-is for cash. Every day we are looking to purchase homes in the NJ area. If you know anyone that wants to sell their house or if you know about a distressed or vacant property, we will pay you a finder’s fee.
How our finder’s fee works:
1. When you come across a distressed property or a homeowner looking to sell in NJ, give us a call or fill out our form online.
2. We will reach out to the homeowner, to see if they are looking to sell their home.
3. If they are looking to sell, we will make them a cash offer on their property.
4. When they accept our offer, we will sign a finder’s fee agreement with you.
5. We set a closing date with the Seller and when we close on the property, we will pay you the same day.
Realtor’s Commission
Realtors’ commissions are typically 5%-6% of the purchase price. The Seller’s agent and the Buyer’s agent will split the commission 50/50. If the agent’s license is with a broker, then the agent with split their commission with the broker that split is typically 50/50 to 90/10 depending on the broker and how the agent produces.
Example: based on the purchase price of $100,000
The Agent commission is: 5% -6%= $5,000 – $6,000
Seller’s and the Buyer’s agent will split: 50% = $2,500 – $3,000
The agent will split with their broker: 10% -50% = $250 – $1,500
The Agent take home $1,500 – $2,700 Per $100,000 not including any other office fees.
Salesperson Licensed with Real Estate Referral Company, (SLWRERC)
Rather than acting as a full-Service real estate agent for a client, a licensed real estate referral agent is someone who focuses on guiding clients to the best-licensed salesperson to assist them as a buyer or seller in a real estate transaction. If the client successfully closes a transaction, the referral agent collects a part of the commission earned from the agent they referred the client to. Their commission is typically 25% for a referral.
Example: Based on the purchase price of $100,000
The Agent commission is: 5% -6% = $5,000 – $6,000
Seller’s and the Buyer’s agent will split: 50% = $2,500 – $3,000
The agent split with (SLWRERC) 25% = $650 – $750
The (SLWREC) will split with their broker 10% = $65 -$75
The (SLWREC) take home $585 – $675 Per $100,000
Our Finder’s Fee
We will pay $1,000 based on a purchase price $100,000 after $100,000 we will pay $750 per $100,000.
Example: Based on purchase price of $100,000 we will pay you $1,000
and $200,000 we will pay you $1,750.
Most cash home buyers in NJ will pay $500 for a finder’s fee. Not Us, we at Garden State Cash Homes understand that without your lead, we would have not known about the property.
PLEASE NOTE: WE ARE NOT asking you to drive around on our behalf looking for properties or if you see a house that looks vacant to look in or around the property. We are not responsible for any criminal or driving violations. We are simply asking if you know anyone that needs to sell a house fast, you come across any distressed or vacant properties in your travels, to contact us and we will take it from there.