Short Sale Leads

[Roc P.]

Question for the people who focus on short sales, what's a better business model selling short sale leads, with all the paperwork completed to a realtor, or doing all the work and teaming up with a realtor to spilt the commission they make.

I guess my question is where is the money at when doing the short sale. Thanks Rocco

[Phil Z.]

Originally posted by @Account Closed:

@Roc P.,

Agents will not share their commission on the HUD but off of the HUD they can do whatever they want to buy you lunch send you on a nice vacation.

Joe Gore

Not legally. To be paid from the sale of real estate you need to be licensed, and even still the payment would go to the broker first, not directly to the agent.

- The best bet is to just get licensed and sell your own listings for the commission.

- Or you can offer Short Sale leads for an upfront per-lead fee. (not based on the property selling).

- Or if your brave and know what banks don't prevent it, you can try to wholesale or double close a deal.