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Updated almost 2 years ago,

User Stats

22
Posts
6
Votes
Drew Leonard
  • Rental Property Investor
  • Centennial, CO
6
Votes |
22
Posts

Being an agent and a flipper

Drew Leonard
  • Rental Property Investor
  • Centennial, CO
Posted

I have recently started to consider flipping as I'm already an investor and a licensed GC. I don't have a large funnel for off market deals so I was considering becoming a licensed agent such that I could go after deals quickly, keep sales commissions, etc. In discussing this with an agent I'm close with, he advised me that pursuing that type of model could pose a conflict of interest in some cases and/or become a liability for me, and perhaps is not worth the headache. In trying to run numbers on a few flips and make numbers work, it seems like a no brainer that being an agent would benefit me in this pursuit. Does anyone have experience with this such that they can share the pros and cons?

Thanks,

Drew

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