Selling property leads to agents/investors

[Todd Palmer]

I am starting to gathering email addresses and contact information for people who are interested in both buying and selling properties in my area. I am trying to find a way to give these leads to local real estate agents and make a commission on it. I have thought about charging a monthly fee for access to the list. I have thought about making a commission when the agent sells or finds a buyer for a property. Any suggestions on how to make this work legally would be greatly appreciated.

[Woods Pepperman]

@Todd Palmer, each state is different.  Here in California, a Real Estate agent cannot (legally) pay a referral fee to any unlicensed individual.  So, check your local and state laws.

If you DO have a RE license.... Think about it from the buyer/investors point of view.  What are you going to provide that they could not get themselves?  Could they not just call the agent themselves?  Always bounce your ideas off of the "Devils Advocate"...

Just my $.02.  Good Luck!

Woods