Calling Agents!
Working as an agent on our team has significant earning potential. Please note some of the benefits of working with our team below.
Benefits of Working With Us
MAY PROPERTY SOLUTIONS VS. TRADITIONAL BUYER
Here are a few benefits your sellers have when working with May Property Solutions to sell their home:
CASH BUYERS
QUICK CLOSE
WE BUY HOUSES AS-IS
NO APPRAISAL
NO LENDING RESTRICTIONS
WE DON’T SUBMIT LOW OFFERS
WE’LL WAIT ON SHORT SALE APPROVALS
As an agent, you can take advantage of many unique opportunities when it comes to working with investors. Many agents view working with investors as a waste of time – however, we know you have a business to run and can’t afford to waste your time with investors who aren’t serious. At May Property Solutions, we pride ourselves on having a systemized buying process; which eliminates the need to waste your time on tedious tasks. You can rest assure that we are serious buyers who close with cash and very quickly.
We believe that good investors are those who place high value on the knowledge and expertise of good agents. In turn, we hope to share our knowledge with you and help to provide you with a lucrative and consistent stream of income. So if you can shift your thinking and learn how to leverage working together with investors, you’ll realize there are many potential benefits – creating win-win situations for everyone.
How do we compare to a traditional buyer?
Traditional Buyer | May Property Solutions | |
Method of Payment | Bank Financing | CASH |
Cost of Repairs | 1-8% of Homes Value | None (Bought AS-IS) |
Closing Timeframe | 45+ Days | 10-14 Days |
Amount of Business For You | Typically only one purchase |
Repeat Buyers (2-10 deals per yr) |
Repairs Needed | Repairs, no matter how big or small are important to owner occupants – often times, making it difficult to find a house quickly & make the sale | We look for homes that are not perfect and need improvements |
Appraisal | Mandatory | None |
Re-Listing the Home | Years down the road | 2-4 Months on Average |
Gain Repeat Business
One of the main benefits of working with an investor is the potential for repeat business throughout the course of a year. By working consistently with a successful investor who actively buys and sells properties, you can predict a steady revenue stream based on their level of activity. Although it varies, most real estate agents typically close between 2 to 10 deals per year with investors. A good agent will be able to leverage those deals into even more deals, just by working with the buyers who purchase investment properties.
Opportunity To Make Both Sides Of Commission
By acting as a dual agent in a transaction, representing both the buyer and seller, you can earn both sides of the commission. For example, let’s say that you as a licensed agent have an REO property listed. Our goal is for the agents we work with to be excited to work with us which is why we’re happy for you if you received both sides of the commission. That merely means you were great at your job!
What’s In It For You?
- Opportunity to make double commission
- Consistent business (we buy 24-36 properties a year)
- Obtain referral leads
- Access to property inventory before listed
- Opportunity to host open houses
- Short sale referrals
- Ease of transactions – we use electronic signatures
- Become a distressed property specialist in your area
- Free training & joint venture potential
- Enhance your profile as an agent in your community
Become a Distressed Property Specialist
There are a number of properties in the marketplace needing renovations – anything from cosmetic repairs to full-gut rehabs. Often times, you as the agent are the first contact for sellers behind on payments, who need to sell quickly, or don’t have equity in their home. These are exactly the types of opportunities we are looking for. If you or someone in your office have these types of listings, we may be able to quickly purchase the homes with CASH. After a few successful transactions, you can utilize that success to gain more exposure in your market and build your credibility as a distressed property specialist – ultimately, increasing your income opportunity.
Access to Property Inventory Before Listed
A successful and active investor will constantly have an inventory of completely renovated properties; and YOU will have access to that inventory BEFORE that property is listed on the MLS. This creates a great opportunity for buyers – especially a first-time homebuyer, as they would have the chance to purchase a newly renovated and fairly priced property. In some cases, your buyers can also have the benefit of giving input on certain features of their home and choosing custom finishes BEFORE renovations are fully complete. By providing this option to your buyer, it completely differentiates you from other agents – therefore, directly impacting your bottom-line!
Opportunity To Host Open Houses
Newly renovated vacant properties generate a lot of interest from potential buyers – like a neighbor or anyone else looking for properties priced aggressively and in pristine condition. By acting as a seller’s agent, this creates a great opportunity to host open houses for these properties; allowing you to meet many new potential buyers that you can add to your database, and possibly cultivate as buyer clients of your own.
Short Sale Referrals
Successful investors are excellent marketers and generate a lot of leads – many of which are short sales. In most cases, investors aren’t too interested in working with sellers whose properties are over-leveraged and in short sale situations. The short sale process can be lengthy, so many investors prefer to refer those leads to a specialist rather than work with the sellers themselves. This creates a huge opportunity for you to become a “short sale specialist” – by listing these properties and getting the commission when they sell. As a short sale specialist, you also have the opportunity of working with multiple investors, which provides you with more of an revenue stream ten fold!
Free Training & Joint Venture Potential
At May Property Solutions, we pride ourselves on having a strong foundation of real estate knowledge and training. Our core business lies within our systems, education and knowledge of the real estate industry. We did not just buy a CD off the Internet and become a real estate investor overnight. We have spent thousands of dollars to learn how to be successful in this business and do it the right way the first time.
By working with us, you can benefit from our knowledge, gain REAL LIFE investing experience and have an amazing opportunity to learn all the ins-and-outs of the other side of real estate. To us, this is invaluable. If you should decide to take interest in becoming more involved directly with real estate investing, there are a few unique opportunities that can create an additional income stream for you – and you can either take a hands on or hands off approach. Let us know if you’re interested in a possible joint venture opportunity, and we can discuss it in great detail.
Become a Part Of our Team!
In working with us, there are several benefits and different ways you can generate revenue:
- Represent Us As Our Buyer’s Agent
We Are CASH Investors & Buy 24-36 Properties A Year
- Represent Us As Our Listing Agent
Re-List Our Fully Renovated Vacant Properties In Your Area
- Be Our Referral Agent
Tap Into Our List of Buyer, Seller & Short Sale Leads
- Generate Buyers Via Open Houses
Market our “Pocket” Listings
Although many of our offers will be typically lower than retail clients, we serve as a great benefit for hard-to-sell properties or those requiring the bank or seller to move quickly. We are also a good fit if you have listings that have difficulty qualifying for traditional financing based on the current condition of the property. We are not the perfect fit for everyone; but for the seller with the right motivation, these features are a necessity.
How Much Additional Time Will It Take Working With An Investor?
- As an agent working with an investor, you can increase your profit; but not necessarily increase the amount of work you need to do to close each deal. Your goal should be to:
- Spend no more than a few hours per day finding and making offers on our behalf
- Automate most of the work –utilizing our documents such as repair sheets and deal analyzer
- Specialize in a very specific, relatively small, geographic area – therefore, not spending your time driving all over looking at houses