Help ASAP pls

[Desiree Claudio]

Hi everyone,

I am setting up my direct mail system as we speak. I made contact with a real estate agent today and she asked me to meet her in about 2 hrs. I would like this agent to help me run comps in my area once I have deals coming in. I want to establish a relationship before I set the direct mail system in place. I'm not sure how much is the right price to pay an agent. Do I negotiate this amount and what price should I start? Ps. I'm in the NYC area if that helps. 

[Dylan Jennings]

You should take some time to look up your laws in NY about how non-licensees can pay agents/brokers. I've seen a few wholesalers talk about giving that agent the leads that won't fit your wholesaling criteria ( like the seller who won't go low enough for a good deal ). 

Ask the agent what they think is enough payment, they should know what they can and cannot accept! Be realistic with what you can offer them and encourage that they do the same. If you can set up the win-win mentality then both of you can benefit from the relationship for years to come.