- We hire a third party CPA for project accounting- The developer (who has RE license) gets the sell-side commission (paid before profit share).- After the CL and Land are paid off the developer is proposing we split the remaining profits 50/50. - Hypothetical Numbers*: Land value = $1M, project costs= $2M, sale price=$4m, profit=$1M* These numbers are approximations.  

I am a newly licensed real estate agent and already have a great lender on my team.

According to the article I linked below, some tips for finding dedicated contractors could be by going to local hardware stores, checking references, verifying licenses and insurance, etc.

The mere presence of a large co-invest shouldn't be taken as a license to bypass all other due diligence on the sponsor, the asset, the business plan, the assumptions, and the deal structure. 

There is where it says you need a minimum of 5 user licenses.

If the only reason is just fear of investing 100% solo, probably not a good enough reason - should really be a complementary skill set - like are they a licensed realtor in DC (+MD/VA?)

Logic would say that the Listing Broker would dominate the manually accepted bids as they would have the knowledge to bid $1 more-When listing agent contact me with their courtesy call, the most often response is 'I had no idea HUD would sell it for that price" Again, seems contrary to your information-Gordan, you also stated the not all listing contracts are negotiated the same. 

The numbers are not surprising either.Real estate agents in 2019        549,000Real estate agents in 2023        440,000I think they should probably qualify these numbers, as these really are the ones WORKING AS AGENTS, there are believed to be 2,000,000 licensed real estate agents in the country, and 1,548,058 Realtors (members of the NAR) as of January 2023Did you know that the most common number of deals an agent does in a year is zero?

Excited to start learning more about RE investment. I am hoping to build relationships with current investors, allowing me from to learn the tricks of the trade and strengthen my skills as a real estate agent along th...

Since being licensed I have I helped clients with flips, buy and hold, multifamily, developmental deals, land, and BRRR.