Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

User Stats

23
Posts
33
Votes
Rob Padilla
  • Allen, TX
33
Votes |
23
Posts

Leaving Money On The Table

Rob Padilla
  • Allen, TX
Posted

Three days ago my phone started ringing from the Yellow Letters I sent out. While I'm trying to hone my telephone skills, there have been a lot of facepalm moments. But some things I'm noticing about these non-motivated sellers is this. 1) They want to sell a house. 2) It's not listed yet. I can't help but think that some realtor out there would love to have these leads. Now for the rookie question. Should I be funneling these to someone and what do I ask for (if anything) in return? I think I know these answers but I would rather hear them from experienced people rather than assume. I checked comps on one house and everything was selling for $350K + in the neighborhood. Thanks!

Most Popular Reply

User Stats

1,893
Posts
2,225
Votes
Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
2,225
Votes |
1,893
Posts
Dev Horn
#3 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Arlington, TX
Replied

Realtors pay us for leads every day, in markets all over the U.S. They buy leads all the time. You are just saying, I have pre-qualified leads here that I generated from my marketing efforts. I will sell you these leads for $100 each or whatever.

I believe a "referral fee" is only relevant when both parties are Realtors. We are not Realtors. Are you a Realtor Rob Padilla?

  • Dev Horn
  • Loading replies...