Note brokering

How note brokers get paid

Updated 2026-10-19

Note brokers are usually paid in one of three ways: a fee from the buyer, a fee from the seller, or a spread between what the buyer pays and what the seller receives. Whatever the arrangement, a seller should be able to see clearly what they'll net at closing.

Common arrangements

Arrangement	How it works	What to check
Buyer-paid fee	The buyer pays the broker for bringing the deal	Whether it affects the price you're offered
Seller-paid fee	A flat fee or a percentage, paid from your proceeds at closing	That it's in writing, and when it's owed
Spread	The broker contracts to sell to the buyer at a higher price than the seller receives	Your net amount, in writing, before you sign

Questions to ask

Exactly how and by whom are you compensated on my deal?
What will I receive at closing, after all fees and costs?
Are there any fees if I decide not to sell?
Who pays for title work, valuation and closing costs?

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Thinking of becoming a note broker?

Compensation only works when everyone at the table understands it. Put fee agreements in writing, disclose your role to both sides, and check your state's licensing rules before you take on deals. A fuller guide to getting started is on our content calendar.

Questions

Is a spread arrangement legitimate?

It's a common structure in note deals. The key for a seller is knowing their own net price in writing before committing.

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Educational information only, not legal, tax or investment advice. Laws and practices vary by state and situation, so talk to a qualified professional about yours. CashForMyNote.com does not buy notes. Affiliate disclosure.