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All Forum Posts by: Bronson Bard

Bronson Bard has started 2 posts and replied 3 times.

Post: Do REITS use buyers side agents? Off-Market deal advice

Bronson BardPosted
  • Real Estate Agent
  • Posts 3
  • Votes 0

@Joseph Cacciapaglia

Thanks for the advice! I’ll be talking to the broker.

Would an institution give a finders fee? Or is that unheard of?

Post: Do REITS use buyers side agents? Off-Market deal advice

Bronson BardPosted
  • Real Estate Agent
  • Posts 3
  • Votes 0

I have recently been in contact with a broker who is shopping a massive multifamily deal around town (off-market). I also know some guys underwriting at institutional companies who have cash on hand looking to buy multifamily real estate investments. The institutions are hesitant to use buyer side brokers. How can I convince buyers to use me as a buyer side broker / How can I make money on this deal?

I work at a brokerage and found an off market Multifamily deal $50M+ who is fielding offers. I found a buyer at an institution that has cash on hand ready to make an offer but is hesitant to sign an exclusivity agreement. How do I make money on this deal? Do REITS use buy-side brokers on off market deals? Is there another strategy I can use to make money on this deal?