49  Broker Leverage

When purchasing listed real estate, you can save money by buying with a friendly real estate broker.  Ask the broker to contribute their commission toward property repairs in exchange for a percentage of your cash flow or equity profit in the short term.

Notes:  This tip is not that easy to pull off, but  talk to the agent or broker, let them know that you are a successful investor, and that you are willing to bring them in as a limited partner.  Show them how much return they could make by contributing their commission to the transaction. Show them how they could make 20-30% on their commission invested and that you will list the property with them for re-sale.

Agents often think TOO SHORT TERM, they should have confidence in the product they sell.

If agents knew what investors know, they would do more deals, make more money and think out side the box; where ever that box may be!

Charles Parrish

 

 

 

1 Comments on Agents Contribute their Commission with Investors for More Profits. Tip #49

AUG
21
2007
225,513 Points 8 Featured Posts Localism Sponsor Outside Blog

Mr. Parrish,

First let me congratulate you on your new picture - it looks really great!  My guess is the comments will start to increase...but what do I know?

This is a concept that I am involved in or have done successfully with two different investors.  The tough sell was my wife, but when she got the check after the flip was sold, well it made a believer out of her.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

11:31pm • #1

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Charles Parrish

Baltimore, MD

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Auction Brokers & Investors United

Address: 6717-6721 Harford Road, Baltimore, MD, 21234

Office Phone: (410) 426-6000 x 11

Cell Phone: (443) 253-3886

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A wealth of techniques and ideas to advance real estate business.


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