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Updated about 7 years ago, 12/01/2017

User Stats

13
Posts
8
Votes
R DeMeritt
  • Real Estate Investor
  • Chino Hills, CA
8
Votes |
13
Posts

Finding a realtor

R DeMeritt
  • Real Estate Investor
  • Chino Hills, CA
Posted

Any suggestions on finding a realtor that acually works for a living? I'm a private investor that pays cash for properties, rehab, and flip right away. I've bought and sold several properties this year. The first five did well, the sixth broke even, the seventh will lose money for sure, the 8th...I'm not sure yet. When I buy these properties at trustee sales, she's always 25K+++ short on what the real comps are.

In short... my realtor has lost direction and is now losing money on my behalf. It's time to pull the rip cord.

Maybe someone has input on a good way to find a SOLID realtor that isn't afraid to work. One that networks with buyers, investors, etc...

I pay 4% to my realtor if they make the sale.

OR

I pay 1% to my realtor and 3% to realtor that actualy sold the property.

OR

I pay 1% to my realtor when I sell my own property. Should probably be more like .05% !

I'll buy and sell around 12 properties per year.

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