Hello, I would like to ask for opinions. I have an active real estate license and no experience. However, I found a condo that I like in LA and buying it. I’m using my parents’ lender for loan. When I was talking to her, she has a husband who is a broker. I said I like to learn how the whole process work in the future and she said her husband can put me in his company and do 50/50 in the beginning. Later 70/30 and then 80/20. She recommended that her husband should do the offer letter and put me as a realtor so i can save some money like $4000 to $5000. I was like okay. I thought her husband is getting $10000. Now when I look at the contract from seller, he is getting $20,000. So I feel like I was rid off which was saying 50/50 when I start working along side with her husband. Right now I haven’t paid EMA deposit yet. So should I ask for more money from the husband or should I just leave it at that? During negotiation stage, her husband offered me $6000 since I was taking my time to accept the offer. What is fair? I thought I was getting 50%.
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source https://www.reddit.com/r/RealEstate/comments/1gvleqi/using_real_estate_license_at_the_back_end_when/
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