They are a party to and a procuring cause to any other offer. 

After all, if you and a friend agree on a price, the agent does not have to market and procure a buyer.  

I plan on opening my own shop soon & would like some thoughts on procuring investors into my business.

Bottom line is once someone becomes seasoned in buying and selling real estate they will be able to get more experience in procuring the best deal for themselves or not. 

And yes there will be commissions if you contract within the protected period of the listing agreement that recently expired if the MLS or activity of that agent was the procuring cause of the deal..:)

(and he got the product procured in less than 24 hours.) 

However, he had an FHA short sale from WFB that closed in 2010, which limits us on the type of loan we can procure (VA - 2 yrs from short sale; FHA - 3yrs; conventional - 4yrs).

So the the 6% sales commission they pay which is split between the listing and procuring agent is paid by from the proceeds of the sale.

There are some turnkey companies that will allow you to procure the distressed home and they run the rehab at cost (w/markup) for you.

If the original agent showed the property but contributed nothing else and had no buyer rep agreement in place, one could legally argue she was not the procuring cause at this point in time - this is typically on a case by case basis.Georgee, your best course of action is the one you’re taking.