Real Estate Agent Advice With Wholesaling?

Question

Does anybody here use agents as form of lead generation? Meaning besides direct mail, cold calling, door knocking, does anybody network with agents for pocket listings? How has it worked in your experience? Do you keep the listing off the market? If so how do you compensate the agent? Also what would be the best way to approach an agent for potential "pocket listings" (dont know if im using the right terminology) to wholesale? Thank you guys! Any advice would be great! I have heard numerous investors and wholesalers talking about networking with agents as a great avenue for lead generation.

- Jonathan

Jonathan M. · Answer

@Brandon Sturgill Thank you so much for your feedback. The benefit is that my business parter/sister is a real estate agent, so she provides comps/evaluations on any properties we find, but I will definitely take all of the insight you have given me into consideration.

Brandon Sturgill · Answer

Your main priority to network with any agent should be to source off-market deals or help define MLS-deals that meet your criteria. At any rate, it's good to have a balance of different sources for deals, an agent being one. You'll need to run through quite a few agents to get one that takes this position, but it's the truth. My firm are investors first, agents second. And never sign an exclusivity agreement with any broker or agent. @Jonathan Messri