Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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 about 10 years ago,

User Stats

49
Posts
6
Votes
Herschel Kessler
  • Investor
  • Atlanta, GA
6
Votes |
49
Posts

Georgia Real Estate Agents Law

Herschel Kessler
  • Investor
  • Atlanta, GA
Posted

Hi all,

I purchased my first two properties using a real estate agent that typically buys for out of state buyers. HE charges the buyer a commission (aside from the typical 3% that an agent receives from the seller). I chose him because I needed someone with experience in buy and hold market in the rougher areas of Atlanta.

We went into this knowing I would plan to move on and purchase on my own. 

I'm trying to figure out a strategy so that I'm not locked into one specific agent, thinking this will allow me to make more connections for potential deals. Is this something not allowed by law? This also allows me to purchase FSBO or other non MLS deals without having to involve an agent.

When I was buying my own home (before getting into investing) my agent told me that legally, I need to sign exclusive or he can't do business with me. Is this true? If so, whats the work around? 

I understand the agent doesnt want me going behind his/her back but at the same time, if I find something thats off MLS, and he/she isnt involved, I shouldnt have to pay an agent fee.

Thoughts?

Herschel

Loading replies...