Fees in general for either the lender or the broker or both should be success based fees.

Does that still apply if you are a real estate broker in the business and you do this activity full time??

Things have been quite nuts lately ;-)I invited two of my partners, our broker, our architect, and one of our GCs to the meeting too to spice things up some.

REO brokers do have to place most properties on the MLS but they can alert you to properties they have in the pre-list stage.

Hi all, RE newbie here...There was a property I would like to check out - a 4 unit property in westchester - and rather than picking a broker out of a hat, was wondering if BP had any recommendations for an agent that has experience with multifamily apartments and can provide general guidance through the process (ideally they would own one as well!)

Our situation is a little different in that we are brokers/developers/contractors, interested in commercial.

Also contact a broker that sells large apt buildings by going online and looking for those that are for sale and take broker out to lunch and ask them if they would like to have you as a back up plan to any management problems there company cannot solve!

I do not work on duplexes, tri's and quads but larger 5 units and above.So it might help to mention what you are trying to do.There is a different set of brokers that work on the larger properties versus residential agents that pick up a duplex or tri-plex here or there that sell houses.

The owners left town and finally they called the broker and said go ahead and take his offer of 32k.

I really want to try it, by setting up a teams - an agent and a mortgage broker.