A brokerage carries some risk if they have agents working with clients as one would in a buyer's agency relationship when they are technically still transaction brokers.Another reason Derek's agent probably wants him to sign an exclusive is because she's a professional, does this full time as her career, has bills to pay/a family to feed and doesn't want to waste her valuable time answering lots of questions, giving valuable advice, analyzing properties, sharing her valuable knowledge, sharing her network of contacts, building what she believes is a mutually-beneficial relationship, and showing/writing offers on multiple properties only to have Derek buy a place with his cousin Ralph without paying her a penny.I never had a problem signing an exclusive when working with agents to buy properties before I got licensed, and now as an agent I of course prefer having one early on in a relationship, not only because CO frowns upon not having one legally, and my board of Realtors and brokerage also require me to have one, but also because I like to know I'm actually working with someone.

@Tenzin D.You’re always analyzing the market.  

Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!

@Cami Bohn the numbers on this deal will make it stand out , use the deal analyzer , create a report and call 20 hard money lenders to see how much that need to fund your deal .

Hello Everyone, So...I’m in the midst of analyzing/negotiating my first Land Contract deal in Michigan....However the seller just realized there is a due on sale clause on his mortgage. :( I’m not sure what his loan amount is yet.So is this a deal killer?

I've analyzed hundred of deals, I'd be happy to look at some with you.

Then, you could have been analyzing deals to see which areas fit your criteria and make the most of the trip by only looking at the most relevant properties.There are too many active buyers who know exactly what they want to buy and when it comes available they buy it immediately.

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*This link comes directly from our calculators, based on information input by the member who posted.

@Colin Johnson, I am looking into this as a strategy as well but am data collecting and analyzing at the moment. 

Big lesson is that the 1% rule can only help you build a funnel of deals to analyze, but the decision to pursue a deal is deeper.