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Making Commission by Connecting Sellers and Buyers Off-Market
I have connections with a lot of investors in my area. I also have connections with a lot of people (qualified young professionals) who are looking to buy their first home. The problem is that I live in a hot market, and everything is overbid and sold quickly.
My friends would love to get a chance to buy something off-market, or before it hits the market. And I know flippers would love the same opportunity, as they would have less costs (staging, agent commissions, etc).
Now the question is, if it's a win-win for the buyer and seller, and they want to share some of the cost savings with me, how would I be able to be compensated (preferably at closing)? Or should I just get paid on the side as a "consulting fee" or something?
Note: I am not interested in becoming a real estate agent.