Hi,
I want to earn some commission my uncle wants to sell his plot and he wants me to find a buyer so if i go to a dealer how can i earn my commission.
Though, i have contacted the dealer who is a close friend to me i asked him to give me the best rate and meet my demands so my uncle get satisfied by the rate i will just take some percentage of it let says if the plot is getting sold for 50 lac i will give 48 to my uncle and the rest for me. Is that so? Is this the way of working as a dealer and getting a commission?
What good is a nephew and a relative if they treat you like this? Does your uncle knows you are going to charge him a commission?
First, there is nothing wrong if you try to make money. However, you must make it clear to seller, who is also your uncle. Since you will be doing all the leg work, so explain it to him that you will take 1% or 2% from the proceeds. That way, everything is fair and transparent.