I am just getting started and fell like I am of to a pretty good start, but could use a little advice. I met with my mortgage broker today and felt that it went really good. She can do 100% financing, credit repair, no money down and alot of other things to help people get financed. I feel she is a good choice. I also found a investor who has buyers and a team of investors that are looking to buy 40 houses this year and has asked me to help them out.
My question is this:
My mortgage broker works out of a real estate office that has 18 full time employees. I told her I have not yet chose a agent to work with me, and she thought it would benifit me to talk to the owner of the company who is a broker there and tell him what my plans were and what I was looking to do. She said from there he could email all of his agents in the office tell them the type and location of the property I wanted and whatever agent found the property for me would be the agent I would work with on that deal. It sounds like a good idea but I know my realationship will probably not be as strong as it would be if I was working with only one agent. I don't know if any of you have any input on the positives or negatives of this situation but would love to hear it if you do.
It doesn't really matter right now considering you are just starting out. Agents that are the hungriest will contact you with homes and will by themselves try to establish a business relationship. If you can push houses they you both will get paid. If they are constantly making deals with you or see the potential why would they leave? What you have stumbled upon is a blessing. Take it and use it to its fullest!
~Kevin
I will become a real estate trillionaire.