Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

1,401
Posts
1,188
Votes
Allan Smith
  • Developer
  • Nashville, TN
1,188
Votes |
1,401
Posts

Agents: How to Get Compensated for Off-mkt leads I give to Agent?

Allan Smith
  • Developer
  • Nashville, TN
Posted

I have a plethora of leads that will probably end up as a listing and not a fit for my business model as a flipper/landlord/developer. I want to maximize my marketing dollars by bringing value to an agent who gets a very warm lead. But from what I've found:

  1. The really good ones have plenty of referrals it seems they don't want to pay for any more (at least with my preferred agent that lists my properties).
  2. I don't want to refer my dear sellers to a sub-par agent
  3. The agents in the middle by-and-large don't want to itemize paying for leads as a marketing expense. They say they aren't allowed to pay a non-agent (me) for a lead. 

So is there a way to do this? Have I just not found the right person yet? I really want it to be a good agent that will take great care of my sellers, not just someone willing to pay for leads.

    Most Popular Reply

    User Stats

    29,358
    Posts
    20,240
    Votes
    James Wise#4 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    20,240
    Votes |
    29,358
    Posts
    James Wise#4 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    Replied
    Originally posted by @Allan Smith:

    I have a plethora of leads that will probably end up as a listing and not a fit for my business model as a flipper/landlord/developer. I want to maximize my marketing dollars by bringing value to an agent who gets a very warm lead. But from what I've found:

    1. The really good ones have plenty of referrals it seems they don't want to pay for any more (at least with my preferred agent that lists my properties).
    2. I don't want to refer my dear sellers to a sub-par agent
    3. The agents in the middle by-and-large don't want to itemize paying for leads as a marketing expense. They say they aren't allowed to pay a non-agent (me) for a lead. 

    So is there a way to do this? Have I just not found the right person yet? I really want it to be a good agent that will take great care of my sellers, not just someone willing to pay for leads.

       Get your real estate license and put those off market leads on the market. If you don't want to deal with seller clients then you'll be able to refer them to another agent for a referral fee. Typically you tend to see a referral fee of 25% of the list side commission in situations like this.

      Loading replies...