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Updated over 18 years ago,
Do most realtors invest?
Is it pretty common for most realtors to invest [i.e., take the pick of the litter before it hits the mls and pass the rest on to the "non-licensed" investors]?
While I am in some pre-license classes at the moment, I am noticing that the brokers who come in to class to recruit, when questioned about investing, usually say that they encourage their licensees, who are interested in investing, to do so. If not for anything, then to be familiar with the process, so as to reach out to that clientel.
For you seasoned investors, do you commonly come across realtors who do some type of investing in real estate?
Secondly, do the brokers still get their brokerage fee and are licensees making commisions on the houses they're "flipping"?
Thanks in advance!