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Updated over 12 years ago on . Most recent reply
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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
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In most states, an agent can only be paid through their Broker (who will take a cut of their commission).