Direct Mail and Off Market Properties

[Ramon Purifoy]

I am in the process of interviewing brokers in Georgia and questions continue to come to me throughout the process. 

1. Do any investor agents have a conflict when sending campaigns? When sending direct mail is there a requirement to advertise your brokers logo? My initial thought is no since you aren’t actually advertising a home. 

2. Do you have a commission split with the broker on off market properties? Is this something I negotiate with broker? I'm confused as I don't believe the seller would be paying a commission but I feel this is a gray area as an agent. I'm certain you will pay when you sell since I'm sure you will want to maximize your reach via MLS.

I could be over thinking this.

[John Thedford]

Agency should always be disclosed even if you are buying or selling on your own. I don't pay any fees for my own deals but understand some agents do. If you purchase, make sure and put in the contract that you are a licensee. Here is what I use:
"buyer is a licensed agent, purchasing under market value, and with a profit motive."

I also like to give two options: list at one price or fast cash at a discount.