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Updated over 9 years ago,
What makes a Real Estate Firm/Brokerage "Investor Friendly"?
Hello,
I've been hearing this term thrown around pretty frequently--"Investor Friendly firm". I see local agencies and big name firms claim "we are investor friendly". However, when I speak with the managing broker or owner of these firms, to ask questions about what makes this statement true about them I get jargon that "sounds good" to say, but means nothing. I asked one broker, "what is your position on your agents engaging in wholesaling activities?" For one, he did not know what I was talking about; and 2. he said "why would you do that? Just list the property for a retail price". Mind you, he's with a brokerage that says it's "investor friendly".
So, my question is this: licensed agents, what are some of the things your true "investor friendly" firm offers that is supportive of your business?
If you have not found this true "investor friendly" firm, what are some things you would like to see offered?
Broker-owners/Managing Brokers: how do you limit your exposure when "hiring" investor/agents? What type of fee structure per deal do you have in place?
Thanks!