Let's just be clear on one thing.The broker/agent is not the reason a flip is successful or not.The purchaser makes the decision on what they pay for a property.They have a right to an inspection and they pay cash or line up financing.I always love it when I hear an investor is trying to get the broker/agent to take a cut for a mistake the INVESTOR made on purchasing or cost to rehab.A deal is a deal and no matter who you pay if the numbers work then you do it.Someone agreeing to 1% has to be a broker because with a brokerage split they would almost be working for free.My philosophy is make more and work less.Just like an investor my time is valuable in a deal.Broker/agents make sure to look at your ROI to when brokering deals.We are not the RED CROSS a non for profit

But that philosophy individualizes an investor's analysis such that it is not applicable to larger scale investing.

I met with another listing agent today and the results were absolutley favorable. i discussed face to face my business plan, buy and sell philosophy, cash offers with no contingencies, and exactly the type properties I am looking.

That's my philosophy

Outstanding comments by all..here are two more excellent sources regarding the philosophy of successful business networking:http://www.influenceatwork.com/http://www.ivanmisner.com/

I agree that you can't assume one way or the other.FWIW, I think the OP has a GREAT philosophy on the matter!

Your answer can cite a specific incident or general philosophy learned over the course of several years.So far the biggest lesson this depression has taught me is that leverage is much more dangerous than I ever thought it would be.

I thought you were supporting the argument that the interest deduction creates a bias in favor of home ownership, which it does not.I do agree with your overall philosophy though.

Fortunately, all of here on BP have the opportunity to follow both philosophies.

It follows my philosophy of not having a script when talking to seller.