Do agents do CMAs directly for compensation as consultants?

[Ryan Monty]

Hi folks - has anyone heard of agents doing CMA's to help investors with off-market deals directly for compensation? The reason is that I'm in the scenario where I have a friend with a real estate license helping me out with my first investment purchase. He knows all the ropes about how to do a transaction, but since he uses his license as part of his consulting job, he's not in the trenches like a regular agent. I'd like a second opinion on advising on rehab trims vs. value and arriving at an accurate ARV (BRRRR is the strategy I'm using). For further context, this is an off-market lead, so I'll need the agent to walk the property, and as I mentioned I would like expert opinions on what rental-grade finishes would be appropriate for the area to maximize value.

Any thoughts on this strategy?

[Brad Hammond]

Back in the day, banks would pay agents $50 for a CMA on the properties they owned. You could give your agent $100-$200 to do whatever you are looking for. I'm sure some of them would be happy to help you out.