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Updated over 12 years ago on . Most recent reply

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118
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David Tower
  • Real Estate Investor
  • Keller, TX
39
Votes |
118
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New spin on working with realtors?

David Tower
  • Real Estate Investor
  • Keller, TX
Posted

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

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2,082
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1,044
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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
1,044
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2,082
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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Replied

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

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