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Updated almost 12 years ago on . Most recent reply

User Stats

66
Posts
3
Votes
Gregory Wesley
  • Residential Real Estate Broker
  • Houston, TX
3
Votes |
66
Posts

Starting up as Short Sale Broker in Houston, TX area

Gregory Wesley
  • Residential Real Estate Broker
  • Houston, TX
Posted

I have done several Short Sales for friends, family and referrals and now I'm wanting to market and bring in short sale leads. I have read many posts here as well as blogs found on the web about short sales. I was thinking I could list the properties and receive my commission as well as a wholesale fee without doing the "double close" thing. I would simply be paid my commission by the bank/seller and then receive a wholesale fee from the investor. However, it seems as though even with full disclosure, I may be risking trouble by getting the fee from the investor. So, what do you guys think??? Should I give up the wholesale fee dream and what are some good marketing efforts? I know about bandit signs and looking for vacant homes.

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