When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

If your fee is $150k I would expect a very healthy budget to be spent to marketing and advertising this property all over the place.  

You need to understand the market, advertise to buyers, show it in the best light, know what to say and what not to say, be skilled at negotiation, understand contracts, and much more.If you don't know how valuable a good agent can be, it's because you've never used one, or they made it look easy because they are skilled. 

Have you looked into advertising as a co-living LTR, or as a 'business to buy'?

Because I am baffled when “experienced” investors/syndicators make condescending remarks about new syndicators in one breath and advertise their 2-day bootcamps in the other.

These referral services find flat fee agents in each state and then advertise flat fee MLS listing service to sellers.

The site advertises prices/week.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

You can’t really “lowball” rent offers so I’ll posit the advertisement matches up with the actual lease terms.

A mortgage broker is one who is in the business of dealing in mortgages or notes, it is their primary source of income, they advertise and seek out note purchases and sales, there is a thin line between being a broker or in the mortgage business and being a personal investor.