Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

116
Posts
26
Votes
Greg Larson
  • Investor
  • Knoxville, TN
26
Votes |
116
Posts

Benefits to the agent

Greg Larson
  • Investor
  • Knoxville, TN
Posted

Hi BP,

I'm a new creative finance investor who is looking to form relationships with agents in a few new markets.    I'm also a licensed realtor in Illinois and I've just started running a semi-automated lead gen system so I can find off-market investment deals for buy & hold.  My plan is to wholesale or refer any deals I find that won't work for me personally.

In the spirit of giving value before getting deals, I want to come up with a list of benefits that I can provide real estate agents if they were willing to be part of my team.

The main benefit I can think of would be referring them leads of qualified sellers who I speak with that want to sell but won't sell with creative finance or a cash offer.  I also have quite a bit of sales and marketing experience, so I could offer advice in those areas to agents if they ever needed help or suggestions.

The second benefit I can think of is allowing the agent to make a commission where they previously wouldn't have, i.e. if the seller can't sell on market for financial reasons but I am willing to pay over market value, or situations along those lines

Can anyone think of any other benefits that a creative finance investor in my situation can bring to a full-time real estate agent other than leads and another set of profitable exit strategies for their sellers?

Thanks in advance for any suggestions or advice!

Most Popular Reply

User Stats

4,275
Posts
2,623
Votes
Jonathan Klemm
  • Contractor
  • Chicago, IL
2,623
Votes |
4,275
Posts
Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

@Greg Larson - Awesome to hear you've got some automated lead gen systems in place, definitely not an easy thing to get set up and moving.  I am also a broker in Illinois so happy to help with any Illinois leads, but would have to be in and around the Chicago area +/- 40 miles.  

I think your strategy of leads and marketing advice is more than enough to generate interest from full-time real estate agents.  You could also refer the agents to the investors that you sell deals too if it's a flip?

business profile image
Quality Builders
4.9 stars
43 Reviews

Loading replies...