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Updated almost 3 years ago,
Working as an in-house agent for a wholesale company
So I have a marketing background and I'm a licensed agent. I have an opportunity to work for a wholesale company as a salaried worker and "in-house" agent. My duties are to market their properties on facebook and email and to take photos of the property. That's what my salaried position is. But if the wholesaler wants to list the properties on the MLS I would be doing a listing agreement with commissions to my broker and the buyers broker as if they were any other client. The bonus is their acquisitions team sometimes gets people on the phone who are not interested in wholesaling but rather list with an agent. Then they pass the lead to me. This gives me potential listings that I wouldn't have received otherwise.
The reason I am contemplating this position is because it combines two of my favorite things. Marketing and real estate. I can get paid a straight salary for marketing, yet have some great possibilities for new listings whether they are from the wholesaler or a lead they just give me. BUT……….
1. Is this a slippery slope?
2. If the wholesaler doesn't want to market the property on the MLS but they give me a bonus for getting a buyer from their own buyers list due to my marketing efforts is this illegal?
3. What potential scenarios do you see that could end up being an issue?