Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

i am unfamiliar with your local market but up in the North East, New England in particular, my brokerage hosts a lot of REI meet ups every month.

OTA business doesn't exist without the hosts and screwing hosts will be the last thing they would do.

Most of the time a newer or unsuccessful agents will host open houses as they build their book of business.

I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.

If they try to pay their labor as 1099 they run at great risk of violating a host of draconian labor laws such as AB5, the borello law and a litany of "misclassification" laws.There are substantial differences in how "right to work" statstate as operate as opposed to "non right to work" states.SBA defines a small business based on employees and revenue size.

Is there a pre existing loan with that bank with either of you?

@Candice Coates I actually co-host since I still live in CA for now

Hi Jayce, we got the seller to carry back the portion of the down payment and the bank to finance the 1st position on the rest.

RM (and most other good management software) does double entry accounting, imports bank info, has reconciling functions etc.