Realtor contract, but want other realtors feeding deals my way. Suggestions?
Hey everyone,
I apologize if this is answered elsewhere, but I couldn't find what I was looking for. I am looking for my first SFH or duplex in central Texas, from NE San Antonio to south Austin. This covers a LOT of territory - Schertz, Cibolo, San Marcos, New Braunfels, Lockhart, Kyle, Buda, etc. I have an exclusive agreement with a Realtor that is based in San Antonio. However, I have realtors interested in sending deals my way closer to Austin and surrounding area, but I'm locked in. Is there an agreement that would allow a different realtor bring me a deal, have my realtor close on it and get the commission, and offer the realtor that brought me the property a % of the profits once I flip it? Is this completely unorthodox, or do others do something similar?
Hopefully this isn't a completely amateur question, but hey, I am an amateur at this point!
Thanks in advance for the feedback.