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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Colorado Real Estate Q&A Discussion Forum
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 over 6 years ago on . Most recent reply

User Stats

499
Posts
167
Votes
Jane S.
  • Flipper/Rehabber
  • Colorado Springs, CO
167
Votes |
499
Posts

should i sign an agent contract

Jane S.
  • Flipper/Rehabber
  • Colorado Springs, CO
Posted

I'm an investor searching for income properties. Have been working with a very good supportive broker. Now he wants me to sign that agent contract. But I feel limited because if I find a FSBO the seller is not gonna want to pay him and the whole purpose of the agent contract is to get him paid for all the work he's doing for me. And it's a lot. But on a FSBO he wouldnt do any work. I also sometimes get properties from wholesalers, and in general either they or I do the paperwork. I don't need a broker to write a contract but I do need one to get into any properties that look promising. And since the MLS controls 95% of the listings around here, signing the agent contract clips my wings. What is a good way to resolve this. I need to be free to act on any deal that looks promising. Would prefer to buy something that he can earn from. Should I agree to pay him a certain sum if i buy a non-listed deal.

Loading replies...