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Updated over 7 years ago on . Most recent reply
First deal using real estate agent?
Hello everyone
I’m at the first step and very overwhelmed, this is my first time but I’m filled with passion.
I had looked for a property myself but I did not find one that match my needs, I actually found one and realized it’s just scam.
So that makes me contact one good realtor in the area and by chatting with him gives me a lot of knowledge. I decided to work with him and he sent me the list of houses that match my needs.
Now I need advice on this. Because using agent I’ll need to pay them then is this a good idea to find deal through an agent? I mean what I really think is it doesn’t matter who makes money as long as I got a good deal then everybody is happy.
What would you say? What is pros and cons of using realtor on fix and flip project.
Looking forward to hear your advice
Thanks a lot
Most Popular Reply

Working with an agent as a buyer doesn't cost you anything. The agent only gets paid when you close on a property and their commission will likely come straight from the purchase price.
If you're wanting to be a flipper, you should know that most flip deals are done off market, in which case it might be beneficial to start growing your network of wholesalers!