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Updated over 12 years ago on . Most recent reply

New spin on working with realtors?
I've read thousands of posts on this site and others and I don't recall ever hearing this idea, at least not called out specifically.
I was thinking, since a licensed agent can't give a non licensed person a fee/commission for deals (short sale, low equity, unrealistic seller, etc), how about partnering with an agent to split marketing costs? I know some investors sell leads to agents on a per lead basis, but I think maybe approaching it like a partnership would be better, and if I were an agent I sure would appreciate someone doing the heavy lifting for me.
Since I would be doing the initial legwork and pre-qualifying the sellers, I don't think it would unreasonable to also get comps and MLS data out of the deal also.
AFAIK, that wouldn't be a violation for the agent and it would ultimately mean more deals for everyone.
thoughts?
Most Popular Reply

In most states, an agent can only be paid through their Broker (who will take a cut of their commission).