A subscription based real estate model

[Jack Seiden]

I want to run by the biggerpockets world a potential new model I’m working on and I want to be clear this is not intended for self-promotional purposes or necessarily even something I will enact (i’m not even totally clear on the legally of this) but something I want feedback on and also to spark a discussion of alternative agent models. One thing I have realized as an agent is I have two main issues, 1. You spend a lot of time working with tire kickers and don’t get paid for it. 2. I personally have a very hard time to the pushy sales tactic at the end of the day it’s someone biggest financial purchase and not my money. Now I still try to help people and provide value but I’ve been effectively giving that away for free. Would you pay for a subscription model say $1000 a month where you got access to knowledgeable investor agent who had zero stake on if the transaction closed but provided you with local knowledge, strategies, ran comps, looked over deals, even looked over home inspection reports, talked in the phone, basically a consultant (you could possibly tack on services like writing offers or seeing a property in person) my thought is if you buy a property relatively quickly, it’s much cheaper than paying 2.5% even if you end up paying for the service for a few month’s and realize it’s not a good time for you to buy you are only out a few thousand dollars as opposed to hundreds of thousands of dollars, this would basically take the agent’s need to sell you a home out the process, presumably there motivation would be to keep you subscripted for as long as possible but you could easily just cancel and if you were interested in buying later resubscribe than. Interested in any thoughts feedback or other alternative ideas?