How do Agents and Investors benefit from each other?

Question

Hello, Bigger Pockets Members.

I am a new investor and I am working on my first wholesale deal. I have many acquaintances that I've known growing up who are agents and I have always wondered...

How exactly do Agents and Investors benefit from each other? I have been curious as to how they can help each other and benefit.

I know agents can use the MLS but me as an investor I feel as if I can't really offer something like that. I of course have some skills I could offer such as developing websites and marketing because I am a Web Developer but aside from that how does an investor help an agent and vice versa?

Thank you for reading this.

Kindest Regards,

Harley Tigreros.

Nick Calamia · Answer

Hey Harley! As an agent that works a lot with investors out here on Long Island, there are actually many ways both parties can benefit each other. As an agent working with a an investor who I know is looking for 1 or more properties, finding these investments I would make the commission off the sale of the house or, vice versa if the investor wants to sell the property. I recently worked with an investor who was a developer that was looking for land, which I found him a great location. The sale of the land didn't pay off that much commission wise, but since I found the subplot for the investor, he assigned me the 4 houses in the end that he ended up building. So building a solid and trusting connection between the realtor and investor can benefit the agent by repeat business with a known and qualified buyer/seller, and for the investor, gives you an inside source for deals and a trustworthy "eyes and ears" for what type of deals the investor is looking for!