Agents who find deals for investors...
Hey BP! I was curious to see how agents who find deals for investors get paid. Do you, as the agent, get the investor to sign a buyers agency agreement to ensure a commission or do you get some type of referral fee to allow the investor to close the deal faster?
I spoke with an investor and he mentioned that he was bothered by the fact that his agent insisted that he go to the agent's office to sign a buyers agreement which lead to the deal falling through because of time constraints.
As a new agent here in Maryland, I'm worried that I might be taken advantage of if I find a good deal for the investor and not getting paid for my work. How do you protect yourself and provide great and quick service to an investor?
Thanks again for the help!
Most Popular Reply
Yes you're right, trust is hard to come by, but business partners are different than investors I would say. Just because someone has screwed you over in the past, doesn't mean that you shouldn't trust the next guy.