We put in about 10k calls, text messages, email and voice mail drops into different types of DC lists( vacant lists, post office vacant lists, expires, withdrawns, absantee owners. 

You can also buy lists from companies like list source and there are some REI software companies that have a cash buyer search feature.Best way to find motivated sellers is to purchase lists and compile lists from city and county for 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, probate, divorce, high equity, etc. and mail or cold call.Other free methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites, put out bandit signs, If you have the funds you can use billboards, newspaper ads, other offline publications., TV commercials, radio ads, do pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and boosted/promoted social media postings.Bottom line is consistency.

A couple of ways I am thinking about compensation for the work they do1) referrals for people looking for a realtor 2) for expired listings - if I set up a sandwich lease option on an expired listing they get some type of finders fee3) also a fee for tenant buyers.Are there any other ways you all are compensating your realtors, outside the traditional ways?

Hello BP community,I recently came across an expired listing and after looking into the property and running some numbers on the BP calculators believe this could be a very profitable fix and flip.

There is a clause saying that I have to pay them for each rented unit at the time that I switch, but that is after it has expired.

Not sure what the LAPS system is but generally you'd have an offer expire after 24 hours or 3 days or whatever your choice. 

Yes, as a Realtor, they must present the offer, but that is not the same as any requirement for you to receive a response, there is no legal obligation for response which is why there's an expiration date on offers.I've had an offer ignored that was actually higher than the offer that was accepted and what the property was then sold for.

If they're on a lease, you would have to wait until the lease expires before you made any changes to existing tenants.

Then you can mail or cold call or both.Other cheap or free methods are driving for dollars, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites and bandit signs if allowed.If you have the funds you can use billboards, newspaper ads, other offline publications., TV commercials, radio ads, motivated seller websites, SEO, pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and boosted/promoted social media postings.Bottom line is integrity and consistency.

Then you can mail or cold call or both.Other cheap or free methods are driving for dollars, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites and bandit signs if allowed.If you have the funds you can use billboards, newspaper ads, other offline publications., TV commercials, radio ads, motivated seller websites, SEO, pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and boosted/promoted social media postings.Bottom line is integrity and consistency.