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
Wholesaling
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 8 years ago on . Most recent reply

User Stats

203
Posts
115
Votes
Eric Weireter
  • Property Manager
  • Durham, NC
115
Votes |
203
Posts

Compensation

Eric Weireter
  • Property Manager
  • Durham, NC
Posted

I'm curious... 

As a wholesaler, if you were to receive expired listings from an agent - how would you go about compensating the agent? Flat fee per deal, partnerships, refer the agent to the owners that want to relist?

I've tossed around the idea of offering this opportunity to wholesalers in my area and I'm curious to know what value the wholesalers provide to the agent in this scenario?

Most Popular Reply

User Stats

163
Posts
50
Votes
Sam T.
  • Investor
  • Pittsburgh, PA
50
Votes |
163
Posts
Sam T.
  • Investor
  • Pittsburgh, PA
Replied

Before I received my license and had MLS access I did this. In exchange for sending me expired listings, recent cash sold's and comps for my deal properties I offered to refer any leads that only wanted to list out of the expired listing and would send them any retail leads from other marketing I was doing. You may have to set some realistic expectations on the comps so they are not wasting a lot of your time but putting them on an auto email list for expired takes 5 Minutes and sending them comps for wholesale deals every once and while takes less than 10 Minutes. Since receiving my license I made similar arrangements with a couple investors as the agent in the deal so I find it worth while.

Loading replies...