Note brokering
Note broker vs. direct note buyer
Updated 2026-10-19
Selling directly to one note buyer can be simple. Going through a broker can put your note in front of several buyers and help you compare offers. The right choice depends on how much the note is worth, how complete your paperwork is, and how much comparing you want to do yourself.
Comparison
| Direct to one buyer | Through a broker | |
|---|---|---|
| Number of offers | One at a time | Possibly several |
| Your effort | You find, contact and compare buyers | The broker handles matching and comparison |
| Cost | No broker compensation | Broker compensation (fee or spread) |
| Speed | Can be quick if the first buyer fits | Depends on buyer interest and paperwork |
| Guidance | From the buyer, whose interest is a low price | From the broker, who is paid to get a deal done |
Tips either way
- Get offers in writing, with the conditions listed.
- Compare net proceeds, not headline prices.
- Ask whether the price can change after due diligence, and why.
- Don't send sensitive personal or borrower data until you've chosen who you're working with.
- Consider a quick review by a real estate attorney before you sign.
Start with a rough number
Whichever route you pick, knowing roughly what your note's payments are worth helps you judge offers. The note value estimator runs in your browser and doesn't send anything.
Questions
Can I use a broker and also contact buyers myself?
Often yes, but be upfront about it, and check any agreement you sign for exclusivity terms.
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Get a no-obligation note review →Related
- What is a note broker?
- How note brokers get paid
- How mortgage notes are priced
- How to sell a mortgage note
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.