Represent your client's sale.
Earn a real estate
commission.

You earn a typical seller-side real estate commission, negotiated with your client as you would in any transaction — MDH does not set commission rates. In a traditional sale, total commission is often split between a seller's broker and a buyer's broker, roughly 3% to each side for a combined 6%. With Middle Door, there is no buyer's broker: we are the acquirer. The full seller-side commission goes to you. We observe 3% to be typical for seller-side representation on these transactions, though the rate is between you and your client.

In a traditional sale, total commission is typically split between the seller's broker and buyer's broker — roughly 3% each side. With Middle Door, there is no buyer's broker, so you earn the full seller-side commission with no split. And your client avoids a large tax bill in the process.

We are building long-term relationships with real estate broker partners and structure our arrangements accordingly. Reach out to discuss the specifics; we are open to conversations about ongoing arrangements for brokers who are actively working with this client profile.

Your commission is paid at close, when the building is contributed to the portfolio.

The ideal client has owned a 2-49 unit multifamily building for many years and built meaningful embedded gains. If they are hesitant to sell because of the tax cost, or simply want their equity working in a better structure, that is exactly the conversation to start. They also need to qualify as an accredited investor.

A traditional sale is always an option and we will say so honestly. But for long-term owners with low cost basis, the tax bill from a sale can be enormous. We can help you model the comparison. In most cases, a 721 exchange leaves the client significantly better off. That is a conversation worth having before they list.

Yes. A 721 exchange is often a better solution than a 1031 for owners who want to stop managing. A 1031 also defers taxes, but requires finding a replacement property in 45 days, closing in 180, and then managing the new asset. A 721 exchange exits them from active ownership permanently, with no deadline and no new building to run.

Our focus is small multifamily (2-49 units). We are not a fit for single-family rentals or large commercial properties. If the client owns a mix, reach out and we can discuss whether any of their holdings qualify.

Just make the introduction. Email us at info@middledoorhomes.com with a note about your client's situation: building size, location, approximate value, and what is prompting the conversation. We handle the educational discussion with the owner from there.

Yes. We provide materials you can share, and we are happy to do a joint call with you and your client to walk through how the 721 exchange works. You do not need to be a tax expert; you just need to open the door.

From first conversation to close typically takes 60-90 days, depending on due diligence and the client's pace. We keep you informed throughout the process.

It usually strengthens it. You are solving a problem the client did not know had a solution. Satisfied owners refer family members and other investors who own similar properties.

OP units: a passive ownership stake in a professionally managed, diversified portfolio. They receive quarterly distributions, annual K-1s, and nothing to manage. No tenant calls, no maintenance, no 2am emergencies.

It is genuinely good for the right client. No tax bill at closing, continued ownership in a growing portfolio, and truly passive income that is often higher than what they earned managing the building themselves. We decline transactions that are not a fit.

OP units are illiquid for an initial lockup period of approximately 2-3 years. After that, semi-annual redemption windows provide flexibility. This is a long-term investment, and not appropriate for clients who need immediate liquidity.

MDH earns a property management fee on the portfolio: a standard percentage of gross rents, consistent with institutional property management. We do not charge acquisition fees or promote structures that would misalign our interests with owners. Our business grows when the portfolio grows and performs well.

Yes. We earn ongoing management fees tied to portfolio performance. We are incentivized to operate well, grow income, and retain owners as long-term partners. We are not a fund with a short hold period trying to flip assets. We are building a durable housing business. When your client does well, we do well.

No. We work closely with broker partners and protect your client relationships. We do not circumvent you or diminish your commission, and we keep you informed throughout the process. Our interests are aligned: you represent your client's interests, your client solves a real problem, and we grow the portfolio.