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Updated over 3 years ago on . Most recent reply

User Stats

77
Posts
60
Votes
Joseph Gisler
  • Realtor
  • Wake County, NC
60
Votes |
77
Posts

Network Marketing, what is it?

Joseph Gisler
  • Realtor
  • Wake County, NC
Posted

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.

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