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Updated 11 months ago on . Most recent reply
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Incentive for realtors who bring you leads for
Hello fellow RE investors,
A quick question I need advise for. What is the average/normal financial incentive given to realtors that provide you leads of distressed sellers that are willing to sell RE at a discount? The realtor of course will get paid 3% commission by the seller, but for us RE investors (buyers), can we just make the realtor our realtor as well, and thus pay the other 3% commission? So basically the realtor would be enabled to "double-dip" the commission. Or, is there other typical arrangement when you work with realtors under this mode. Looking to assure deal flow from realtors but for discounted/distressed properties.
Any advice will be extremely appreciated.