Outsourcing Acquisitions

[Mike N.]

Is there anyone who has successfully outsourced the acquisition portion of your wholesaling business? I am looking to fully automate my business. If someone has done it please share commission rates and where you got the people.

[Jacob Evans]

I just trained an acquisitions gal and it went pretty well... I'm also searching this site to find out exactly how to compensate her though...
I set her up with my mls access, realtor key, lead database and other such tools to help her get a few deals put together, HOWEVER, I didn't train her on selling AT ALL and she knows very little about the paperwork and processes I'm using to have her put these deals together so making the leap to wholesaler/flipper would be a big one for a person with an employee mindset.

In addition, I also had her sign a non-compete agreement which would make it unlawful for her to flip her own properties/contracts without my companies approval. I feel that it will be a VERY beneficial relationship for us both as there is plenty of cash on the platter to divvey out, but I'm still just a little uncertain of how to compensate her... Was hoping this thread would be more fruitful.

Where are the big timers at? I think this is something we should ALL be doing!