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Updated over 2 years ago on . Most recent reply
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Benefits to the agent
Hi BP,
I'm a new creative finance investor who is looking to form relationships with agents in a few new markets. I'm also a licensed realtor in Illinois and I've just started running a semi-automated lead gen system so I can find off-market investment deals for buy & hold. My plan is to wholesale or refer any deals I find that won't work for me personally.
In the spirit of giving value before getting deals, I want to come up with a list of benefits that I can provide real estate agents if they were willing to be part of my team.
The main benefit I can think of would be referring them leads of qualified sellers who I speak with that want to sell but won't sell with creative finance or a cash offer. I also have quite a bit of sales and marketing experience, so I could offer advice in those areas to agents if they ever needed help or suggestions.
The second benefit I can think of is allowing the agent to make a commission where they previously wouldn't have, i.e. if the seller can't sell on market for financial reasons but I am willing to pay over market value, or situations along those lines
Can anyone think of any other benefits that a creative finance investor in my situation can bring to a full-time real estate agent other than leads and another set of profitable exit strategies for their sellers?
Thanks in advance for any suggestions or advice!
Most Popular Reply
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@Greg Larson - Awesome to hear you've got some automated lead gen systems in place, definitely not an easy thing to get set up and moving. I am also a broker in Illinois so happy to help with any Illinois leads, but would have to be in and around the Chicago area +/- 40 miles.
I think your strategy of leads and marketing advice is more than enough to generate interest from full-time real estate agents. You could also refer the agents to the investors that you sell deals too if it's a flip?
- Jonathan Klemm
- [email protected]
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