How to work with Real Estate Agents for Comps?

[Forest Williams]

What is the ideal way to pay a Real Estate Agent for Pulling Comps? Percentage or Straight Fee?

Thank you BP Community..

[Crystal Smith]

Originally posted by @Forest Williams:

What is the ideal way to pay a Real Estate Agent for Pulling Comps? Percentage or Straight Fee?

Answer to this question depends on your intention.  If your intention is to establish a long term relationship & close deals thru the agent then many will pull your comps for free because they will be compensated from the purchase/sale of the property.   If the intention is get information, use it for your business w/o the agent being involved in the transaction then the agent should be compensated a flat fee for their time.