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Updated over 7 years ago,
Real Estate Agent- scrubbing MLS for motivated seller leads
Hello All,
I've been racking my brain on how I can provide value to an investor as a RE agent while learning negotiation skills and simultaneously build my knowledge base of wholesaling investing. I'm interested in doing business in Massachussetts and Rhode Island.
My thoughts are:
▪️Find a local wholesaler or flipper (investor) that would like to partner up (a feat in itself but I have some contacts)
▪️I would scrub the MLS, locate properties that have gone off market and have equity. Gather owner and property information
▪️Investor would come up with an offer price
▪️[we?] would make contact with owner or visit property with the aim of speaking with the owner
▪️I would sit in on negotiation
▪️Assuming a deal is worked out I would receive a cut of the deal (not sure what would be fair earnings in this scenario.)
Is this realistic? Would this be of actual value to an investor? I know many agents do not like to work with investors because of the amount of work vs. pay-off.
I am looking for a mutually beneficial way that I can learn while providing value in my current role as a real estate agent. Thoughts, suggestions?
Thanks in advance!