Skip tracer/realtor relationship question

[Eloise Garcia]

Hey everyone!

I am a new realtor in georgia. Atlanta Georgia specifically. I am doing the first steps in building my database to start lead generating. I am letting my friends and family know that I've entered into the real estate game. And in doing so I am finding out that some people who are close to me are actually either wholesalers or skip tracers. I have a friend who contacted me asking me if I would like for him to skip Trace deals for me and every lead that closes I give him 15% of my commission. I am new I don't know how anything works when it comes to those types of deals and if it is legal.

Let's say 15% of my commission is worth it for a certain listing. How do I go about that the legal way. Do I have to write on the listing agreement with the seller that I am giving 15% of my commission to a skip tracer. At closing does that need to be on the contract as well?

I tried googling this but it just gave me a bunch of skip tracer lead generation connections or Skip tracer salary etc. Not the answer I need. Anyone has done this with a skip tracer before?

I'm not making anything right now I'm still at square one so if he found a listing and I gave 15% of my commission on a $400,000 home. I mean why not. It's better than $0. It can lead to more referrals etc. So I'm open to all kinds of business. I just don't know how to go about this kind.

Ty

[Tony Gunter]

@Eloise Garcia

Greetings neighbor from Cherokee County 🙋🏻‍♂️

Run Forest, Run!

Example of using “Skip Tracing”: That empty house you drive past every day that you’ve looked up who owns it, sent letters that get “returned to sender”, can’t find it through taxes, property records, phone numbers, names etc. When you run into that situation pay a skip tracer a FEE to run it to ground so you can buy it directly at a discount.

That’s not how you will find retail clients anyway. Those are Owner Occupied and are easy to find. You can make great prospecting list on your FMLS connection as an agent.

I would keep an eye on your skip tracer buddy. They aren’t out to do you any great favors. As a GARE Agent you can’t pay them a fee from your commission. Big no-no.

What brokerage are you working under?

Let’s connect…