Real Estate Agent Dilemma - Deal Buying and Who Gets Commission

[Joe Gracyalny]

Hey There BP Community!

I wanted to check in for some quick advice:

I have currently been using a real estate agent for most of my deal finding, questions, and other general items.  She's awesome and has been a huge help.

Today though, I was contacted by another agent with a potential flip that looks like it could be a good deal.  In a situation like this would you use the agent that reached out as the buying agent and our regular one when the flip is sold?  I don't want to burn any bridges but also want to make sure that I am fair.

Thanks for your feedback.

[Russell Brazil]

Is the agent that contacted you the listing agent or they want to act as your buyers agent on the deal? If they are the listing agent, then bring your agent in.

As for who should list it...that depends. The norm in my market is that whoever brings you the deal also gets to list it. This is just an unwritten rule of proper business practices. The flippers who dont abide from this, find themselves cut out.  This even goes for those that are themselves licensed.  If someone brings me the deal, they also list it even though Im capable of doing it myself.