How can I determine a legitimate 3rd party to a fake one?

[Michael D'Egidio]

Greetings BP Brothers and Sisters,

I am having a hell of a time working with a 3rd party who is representing a pair of investors, who in turn both have different real estate interests. It's really getting to the point where I think he is absolutely full of you know what... but then again he also sounds really young, so I don't want to discourage him from doing what he's doing. But he has zero tact, no social graces and is flippantly going back and forth with what is a priority or not.

First and foremost, is it popular for investors to use 3rd parties off the bat? I suppose this would be most common, since investors are out doing whatever and don't have the time or inclinations to be talking with a Realtor, property managers, builders, etc.just give them the figures, the return percentage and be done with it.

However, The 3rd party I'm speaking with is doing zero follow up or looking into the details of what I'm sending him. As a Realtor I can only get out so much information with the rest being left up to him to crunch the finer numbers and so forth. I really feel as if he's just using us for our MLS access to spot a potential deal and then in turn without signing any agreements to work with us can find a discounter or a buddy with a license to write up any deals. As a 3rd party he is collecting the money from the investors and so in turn he's the only one party to the contract and will have to pay any ROI dividends out of his own pocket. If you're a third party doing this I'm assuming you would be out and about talking to people, finding that to be more valuable to barking out orders.

This guy I'm working with is in a completely different MLS system than us, we're out of town. why use us to find property via public domain in lieu of getting a Realtor in that same MLS to give you the specifics? I'm thinking he's already burned the bridges locally, or he really doesn't know what the hell he's doing... any feedback or help would be greatly appreciated! thank you!