I'm not clear on the compensation model when working with ExpressOffers. Who Pays ME?
The iBuyer does NOT pay us in the initial transaction from Seller to iBuyer!
Any compensation earned in an ExpressOffers transaction will be from the Seller via listing agreement between eXp Realty and the Seller or via the co-op commission offered in the MLS.
If you represent the seller, and it is your listing, you will get paid whatever compensation the seller has agreed to on the listing agreement for the
listing side of the transaction only. Be very familiar with the Disclosure to Sellers document. If you are submitting a property that is listed in the MLS, you will get paid whatever co-op commission is offered in the MLS like any other buyer transaction.
For a Fix & Flip iBuyer: the iBuyer may choose to re-list the property with you AFTER the rehab. If the Buy Box indicates that they will re-list with you, the iBuyer will pay 1.5% to the listing side (you). 2.5% will be the co-op you can offer for a total of 4% paid by the iBuyer to eXp Realty.
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