County Records: Using netronline.com, locate the county assessors web site and look up property.Verify that the information on the listing coincides with what the county records say.Call assessor’s number to find out what agency the county uses to ensure title is clear of liens.Every county has their own process specific to them.Comparable sales: Using the “Recently Sold” link on Zillow.com, make of list in excel of the properties that have recently sold within the last 12 months using same criteria as subject property.Compare your property with comps.Rents: If flipping, you need this information just as an exit strategy.Using apartments.com / rent.com / trulia.com / local real estate agencies (Century21 or similar) to locate comparable property rents.If renting, this will tell you what you need to get the property for in order to profit.Run the #s: Using your risk factor, calculate all of the following: Purchase closing costs, utility connection costs, utility hold costs for 6 months if vacant, property insurance for 12 months, initial construction costs after purchase, rehab costs (if any), selling commission (if flipping), selling taxes forward to purchaser upon closing, your expected profit after sale or monthly break even cash if renting.Your drive to SUCCEED: You must have a written plan for this property along with two minimum exit strategies.Have your overall goal repeated on a daily basis.

In light of all the people Wholesaling, I figure there must be a good/legal way explanation for my question, I just would like to hear it so it's clear:I read somewhere that marketing a property for sale that one doesn't own, for which a commission (i.e.

•There are no real estate commissions being paid out of the bid price.

What is a reasonable relator commission for residential real estate in Massachusetts?

I will get the basic commission on the land purchases.

Well, just about 20 seconds of searching the web and found this regarding how birddogging is clearly illegal in the state of Washington as they consider a birddogger to be a broker and must be licensed.RCW 18.85.010:(1) "Real estate broker," or "broker," means a person, while acting for another for commissions or other compensation or the promise thereof, or a licensee under this chapter while acting in his or her own behalf, who:(e) Engages, directs, or assists in procuring prospects or in negotiating or closing any transaction which results or is calculated to result in any of these acts;then there are exceptions to this rule (although none apply to birddoggers):RCW 18.85.110So, according to the state of Washington, accepting ANY (commission or flat fee or chickens or cattle or sex, whatever) fee makes you a broker.......as I stated before, one should check the laws regarding it in their state first.

That is: to pay off all mortgages, home equity loans, agent commissions, lien satisfaction recordings, transfer tax, etc.

If you're going to do deals outside your state you will need to look at registering with the SEC/US Security and Exchange Commission to protect your self.

I am picturing using my current single-family deal finding skills to list and sell a few high-value commercial properties per year and collect some fat commission checks.

Which land would require coastal commission approvals, and which not, etc.