Also, when you invest in turnkey properties with a strong turnkey real estate investment firm, you can often procure a more desirable property within your budget than you would have if you went out on your own.2.)

Real estate broker definitionsAs used in this chapter:(A)"Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1)Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2)Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3)Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4)Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5)Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6)Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7)Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8)Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9)Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.

Outside of that, there's procurement of houses, rehab of houses, screening of tenants, management of payments & books, evictions, property taxes, managing contractors, and the list goes on.

(My lawyer indicated no concern with the Title insurance which he procured - but I'm going to follow-up on that with the title company just to be sure.)  

Because now the agent is your procuring cause in the purchase, should you go on to buy that particular house.

They’ve offered 10% commission on any deal I have a part in procuring and no base pay.

Rental services" do not include financial or investment management activities such as:(1) Arranging financing.(2) Procuring property.(3) Studying and reviewing financial statements or reports on operations.(4) Planning, managing, or constructing long-term capital improvements.(5) Hours spent traveling to and from the real estate.Other notes:(1) If an 'enterprise' fails to satisfy the requirements of the Rev Proc, it may still be treated as a 'trade or business' for IRC Sec 199A if it qualifies as an IRC Sec 162 'trade or business'. 

All I had to do was sell this piece of land..Long story short I had 5 different contracts fall apart for a plethora of obscure reasons...I finally procured a ready, willing, and able buyer and then the title issues came into light....3 months later we finally found a attorney who would provide title insurance on the property....It was all worth it in the end..

Derricott also recruited borrower-applicants, procured false supporting documentation for loan applications, and submitted fraudulent loan applications to lenders in exchange for a portion of the fraudulent proceeds.Defendant Sentenced for Role in Mortgage Fraud SchemeOn July 2, 2013, in San Antonio, Texas, Robert Brooks, of Lantana, Texas, was sentenced to 135 months in prison, five years of supervised release and ordered to pay approximately $8.5 million in restitution for his role in a mortgage fraud operation involving a series of “property flip” schemes.

Procuring longer-term money is hardly ever a bad idea IMO though.