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Updated about 1 year ago on . Most recent reply

Lionel Thomas's profile image
Lionel Thomas's profile image
Lionel Thomas
  • New to Real Estate
  • from Albuquerque, NM
  • Member since May 15, 2022
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Lionel Thomas's profile image
Lionel Thomas's profile image
Lionel Thomas
  • New to Real Estate
  • from Albuquerque, NM
  • Member since May 15, 2022
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Lionel Thomas
  • New to Real Estate
  • Albuquerque, NM
8
Votes |
19
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General Real Estate Investing

(Lead) Question For License Realtors

Lionel Thomas
  • New to Real Estate
  • Albuquerque, NM
Posted

This is specifically addressed to licensed Realtors. As a Non-Realtor (myself), if someone were to present you with off-market, highly promising HOT leads suitable for the MLS, what compensation structure would you consider to be fair, for the individual providing such valuable leads? Also, should a contract be drafted to cover both parties?

I look forward to hearing from the community.

Cheers!

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Joe Homs's profile image
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Joe Homs
  • Flipper
  • from Mission Viejo, CA
  • Member since Apr 3, 2014
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Joe Homs's profile image
Joe Homs's profile image
Joe Homs
  • Flipper
  • from Mission Viejo, CA
  • Member since Apr 3, 2014
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Joe Homs
  • Flipper
  • Mission Viejo, CA
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Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied

@Lionel Thomas in California the maximum legal fee that can be paid to a NON-Realtor is only $500.00. Hopefully you do not encounter that same rule in New Mexico.

Good Investing...

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