A licensed real estate agent acts as the buyer's rep to earn commission while also wholesaling the same deal for an assignment fee. In one example, a $15,000 wholesale assignment generated $9-10K in commission, but the speakers stress proper documentation and legal compliance through Arizona contracts and disclosure agreements.
Chapters
blazed your own trail. Like, you were like, this is something that really nobody was talking about until you started doing it, and now everybody's talking about it.
That's the agent outreach and MLS method. Um, and I mean, I'm not the one that invented it. It's the same thing, like what you're saying about the rip-off and duplicate. I mean, honestly, I just found a lane. The double dip is the thing that I'll like put my, my stamp of Ryan Zolan on, and that was honestly an accident. I mean, I tell this story, but I did it with my transaction coordinator at the time, Kyle Holder. Uh, we closed the deal, was like $15K assignment, and he just reached over, he's like, hey, what do you want to do about this commission? I'm like, wait a second, timeout. $15K wholesale commission 9 or 10 grand. I'm like, called up Steve. I'm like, yo, we did this and this. He's like, did you disclose? Did you use the Arizona purchase contract? You signed off on a BINSR? You did the assignment contract? Everything was by the book. And I'm like, yeah. And he was like, congratulations. And I was like, this is a normal thing? Is this legal? He made a few phone calls, called me back. He's like, yeah, I mean, I think people have done this before too, but no one really knows what it is. And so that's where I essentially created the double dip, where you could get a commission on a deal because you're a licensed real estate agent representing yourself as buyer, and then you also can get an assignment fee as the equity