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Updated over 7 years ago,
Broker Exclusivity Agreements and Investors
Hi All -
I was recently in a discussion with a broker about single family investment properties. They'd indicated that they would go to work once an exclusive agreement was signed. I hadn't heard about this before; and was wondering if this is a common thing our if anyone has any insights on this. I had a couple of concerns:
- I've commonly seen advice to work with a few agents if possible, not necessarily for MLA listings but for other leads that individual brokers could generate. This would prevent that I think
- This seems like a cart before the horse situation. I don't think an investor would want to commit to working with an agent until there is a some track record of property transactions
Any thoughts would be appreciated!