Referral Fees

[Ricardo Acevedo]

Hi all,

New to Bigger Pockets...

Any who, I'm going to blast a radio campaign for "WebuyHouses" in my county.. I'v heard with radio ads you will have to take on other avenues besides wholesaling/flipping to make up for the radio ad cost and to monetize your leads.

Where would I, if possible, refer leads coming in as:

Subject to

Lease option

Shortsale

Forclosure

And any other leads I can refer without having to waste any money and at the same time helping the motivated seller.

I could absolutely work on some of these avenues in the future but for now I just want to capture and work on all the wholesale leads while I convert these into referral fees for the time being.

My father is also a Real Estate Broker so I can go under his wing when negotiating percentage for referral fees (and it will be LEGAL).

Thanks.

Ricardo Acevedo