All Topics / Creative Investing / Cooperative real estate agents & wraps

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  • Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225

    Can anyone give me some suggestions on how to link up with real estate agents who would be prepared to identify potential ‘wrappees’ who perhaps are currently renting through the agent or want to buy a property through the agent and would be attracted to a wrap financing arrangement ? Is there an incentive for an agent to work cooperatively with a ‘wrapper investor’ ?

    Many thanks.

    Bernie

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    You could possibly offer them a fee for any sucessful applicant.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    We take business from 6 introducers in Qld and offer them a $1500 up front fee and 0.25% trail commission on the loan amount.

    I assure you there is plenty of incentive when they want to sell the home and the finacning falls over.

    Cheers Richard

    [email protected]
    http://www.yourstatefinance.com

    Email us to be added to our foreclosure / REO / HUD list of US properties

    Richard Taylor | Australia's leading private lender

    Profile photo of Fast LaneFast Lane
    Member
    @fast-lane
    Join Date: 2004
    Post Count: 527

    I’ve seen a property that is to be wrapped advertised the conventional way through a Ray White real estate agency.

    Profile photo of GPSnetworkGPSnetwork
    Member
    @gpsnetwork
    Join Date: 2005
    Post Count: 313

    Give me the full breif of a wrapping scenario and I can see if possible as I have a couple of desperate developers & vendors in Need of selling.

    Roy H.
    L.R.E.A., Dip FS (FP)

    Guardian Property Specialists (GPS) is a research-focused company that specialises in sourcing and providing residential investment properties Australia wide!

    http://www.gpsnetwork.com.au

Viewing 5 posts - 1 through 5 (of 5 total)

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