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Updated almost 7 years ago on . Most recent reply

David Wright's profile image
David Wright's profile image
David Wright
  • from Farmington Hills, Michigan
  • Member since Jun 26, 2016
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David Wright's profile image
David Wright's profile image
David Wright
  • from Farmington Hills, Michigan
  • Member since Jun 26, 2016
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David Wright
  • Farmington Hills, MI
5
Votes |
14
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Multi-Family and Apartment Investing

Exclusive contract with buyer agent

David Wright
  • Farmington Hills, MI
Posted

I'm new to multifamily investments, looking for my first deal.  I know a commercial real estate agent who says he has leads for me, but he wants me to sign an exclusive agreement with him before he shares them with me. I have no problem with him getting a commission on deals that he brings, but it seems like a bad idea to me to sign this agreement. Is this the norm?

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Brandon L.'s profile image
Brandon L.'s profile image
Brandon L.
  • Real Estate Agent
  • from Falls Church
  • Member since May 15, 2012
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Brandon L.'s profile image
Brandon L.'s profile image
Brandon L.
  • Real Estate Agent
  • from Falls Church
  • Member since May 15, 2012
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Brandon L.
  • Real Estate Agent
  • Falls Church
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Brandon L.
  • Real Estate Agent
  • Falls Church
Replied

@David Wright welcome to BP. Hopefully you take some time to post an intro for yourself in the forum. 

Yes it is normal. 

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