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Real Estate Agent

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Hayes Freeman
  • Investor
  • Marietta, GA
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23
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Offering my commission to agents with deals

Hayes Freeman
  • Investor
  • Marietta, GA
Posted Oct 3 2015, 09:10

Can anyone comment on this strategy for finding good deals through active agents?

I am a licensed broker in Georgia.  

I've had this "idea" for a while, but wasn't sure if this crosses any ethical/legal boundaries as an agent:

I would like to approach agents with this offer:  If you find potential listings that may not be ready for retail sale, I will buy them, and you "the agent" can keep the full commission.  

Essentially what I am asking is: Can I offer to let agents keep both sides of the commission, giving up my commission?

The "obvious" strategy here is to get agents to bring me deals, because they will make more, by selling to me...

Am I missing something?  Is there any issue with that?

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