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Updated about 7 years ago on . Most recent reply
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So I found a potential RE Agent. What now...
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@Cesar Rebolledo I'm a full time agent and I work with a lot of investors, many from BP. Heck, I showed another Bp'er a $150,000 house yesterday. In a market where the average house sells between 2 and 3 times that. $3,000 in gross commission, which isn't much around here.
One of the attractions of working in this market segment is that I'm building a niche in a place where most other agents won't.
You're correct that I make little tiny commissions when I help my fix & flip buyers to acquire a cheap foreclosure - but I make a much better commission when we put the now-rehabbed house back on the market.
Taking that strategy has put me in a position to be a source of expertise to my clients and to do more volume, both of which are helping me to build my business - not to mention the referrals I get.
So it's not always about the fast buck. I focus on building relationships and take a longer view.