jessicac27's blog

who pays the broker when you use the 25 to 1 method?

I want to try the 25 to 1 method and call a broker so he can send me the listings that are available in my area but I am confused about a few things...
1. who would pay the broker for his service?
2. what if you do not have any money of your own to invest who's money are you suppose to use the buyers?
3. if I put down an offer and it is accepted what is my next step? (mind you I do not have the funds myself because I would just be getting started)
4. who will I or should I expect to make a profit from (the buyer or the seller)

Thanks guys.

How to get started when you already have a RE License?

Hi DG family!! I have been reading the blogs on how to get started and I am very anxious to start shopping around. Here's what is stopping me...
I live in the city and have a New York RE License, I have some experience in luxury rentals but none on the real estate you guys discuss on this website. I LOVE real estate but I am a little nervous because I am not sure how to go around my real estate license. I know that if I do any deals under the license I have to give a cut to my broker who is holding my license. Is there any way around this? I am afraid to do anything that may jeopardize my license.

Thanks guys!

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