All Forum Posts by: Christopher W.

I have a real estate salesperson license but am not practicing or affiliated with any broker. I am looking to get started in short sales and have a partner who will negotiate the shorts with the lenders. Basically, I will bring the short sales leads and they will do the negotiating. We will flip the house and split the profit. This arrangement is ok but I know that I have to disclose that I have a real estate license to everyone involved. I was just looking to get more information on this.

How exactly do I disclose that I have a license? Does the seller have to sign something or is there a form to fill out?

If I eventually do affiliate myself with a broker and am working with a Realtor to get the leads, can I collect a commission and split the profit from the flip?

Any licensed agents doing this sort of thing? I’m just looking to get some direction on what I can and can’t do.

Like I said I’m not affiliated with a broker so I don’t have someone I can ask. Any help is appreciated!

I have a real estate salesperson license but am not practicing or affiliated with any broker. I am looking to get started in short sales and have a partner who will negotiate the shorts with the lenders. Basically, I will bring the short sales leads and they will do the negotiating. We will flip the house and split the profit. This arrangement is ok but I know that I have to disclose that I have a real estate license to everyone involved. I was just looking to get more information on this.

How exactly do I disclose that I have a license? Does the seller have to sign something or is there a form to fill out?

If I eventually do affiliate myself with a broker and am working with a Realtor to get the leads, can I collect a commission and split the profit from the flip?

Any licensed agents doing this sort of thing? I’m just looking to get some direction on what I can and can’t do.

Like I said I’m not affiliated with a broker so I don’t have someone I can ask. Any help is appreciated!

Hi all,
I'm a beginner and am also interested in this program. I just had a few questions on how realistic this is?

Using this program to find prelist REOs, will the REO agents really be willing to talk to me as a potential buyer before they list in the MLS?

Is this a good program to get a buyers list? Wouldn't my local real estate group be better? I guess the bigger the list with more quality buyers the better huh?

Are simultaneous closings common? Cameron says we can use his title company that does this all the time, but do other title companies do this as well?

Thanks for the help and Priscilla, I look forward to your updates!