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Updated over 6 years ago on . Most recent reply
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How to be creative with commission?
Hey everyone, just a quick question. I'm a residential RE agent in my market and I'm wondering if you've found any ways to be creative with your commission? For me to find some of the better deals I know I need to connect with more commercial brokers, I can definitely do that but they will want to represent me on the purchase of apartment deals but obviously that kind of defeats the purpose when I have my own license and can represent myself.
Just wanting to hear your thoughts if you've been in this situation. Thanks!
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Originally posted by @Casanova Brooks:
Hey everyone, just a quick question. I'm a residential RE agent in my market and I'm wondering if you've found any ways to be creative with your commission? For me to find some of the better deals I know I need to connect with more commercial brokers, I can definitely do that but they will want to represent me on the purchase of apartment deals but obviously that kind of defeats the purpose when I have my own license and can represent myself.
Just wanting to hear your thoughts if you've been in this situation. Thanks!
So, basically, you want a commercial agent to find you a good deal and do it for free? As a real estate agent, I can't imagine why you would expect this from a full time agent that's well connected and dishing out deals. Remember, they need to eat too. Personally, I've purchased and sold many properties over the years using an agent even though I hold a license. If you bring me a deal worth buying, I'm happy to fork over the commission and make my profit in the purchase. I've also had agents want to be the listing agent on the backend of the flip - also ok with me. Just keep those deals coming....
-Christopher