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Updated over 3 years ago,
Network Marketing, what is it?
Does anyone have experience with using network marketing agencies to fund their real estate ventures?
Recently I have been approached by a group that says they develop assets through network marketing. After a discussion with them, they claim to have a partnership with Amway and they sell all kinds of products through this “network marketing.”
From the research I have done, it basically looks like they recruit me to sell stuff and they get commission off my commission and then I recruit more people so that I can make commission of theirs. Is that basically what this is? Is it a scam? I am not particularly interested in moving forward with them as my main focus is getting my real estate off the ground but also if it provides semi-passive income I could put into real estate I might look into it more.
It just seems fishy to me so any thoughts or suggestion would be greatly appreciated.