Real Estate Investor - Looking for Friendly Realtors/Brokers to work with.
Subject: Partnership Opportunity: Access to MLS for Distressed Property for Wholesaling
Dear Real Estate Agent/Brokers,
I am writing to explore a mutually beneficial partnership that leverages my expertise in wholesaling distressed properties and land with your access to the MLS database. My company, Wholesaling123.com, specializes in identifying and acquiring undervalued properties for investment purposes.
The Opportunity:
I am seeking a real estate agent to collaborate with, primarily to gain access to the MLS database. This access is crucial for my team to efficiently pull comparable sales data (comps) and analyze various property variables essential for identifying profitable wholesaling opportunities.
Meaning: "Assistant access" to the Multiple Listing Service (MLS) typically refers to a lower-tier level of access granted to individuals assisting licensed real estate agents, brokers, or appraisers. This type of access allows assistants to perform administrative and clerical tasks within the MLS database.
My Core Focus:
Distressed Properties and Land: My primary focus lies in locating and acquiring distressed properties and land for wholesale transactions. I have a proven track record in this niche market.
Data-Driven Analysis: Access to the MLS is vital for conducting thorough market analysis, determining property values, and identifying properties with high potential for wholesale.
Proposed Partnership Structure:
To ensure a fair and mutually rewarding collaboration, I propose the following compensation structure:
MLS Access for Comps and Data: I require access to the MLS database to independently gather data and perform property analysis as an assistant.
Compensation for Deals Originated from MLS:
$250 per Closed Deal (Without Your Assistance): For every wholesale deal I successfully close on distressed properties sourced from the MLS database, without requiring your direct involvement in the specific transaction (e.g., negotiations, paperwork, Title companies, Finding a cash buyers), I will compensate you with a flat fee of $250. Only, At the time of closing, you will be paid from the Title company directly.
50/50 Split (With Your Assistance): In instances where your active involvement is necessary to close a wholesale deal sourced from the MLS (e.g., negotiations, contract, execution or find a cash buy), we will split the net profit from the wholesale transaction on a 50/50 basis. (This applies to only deals that would be acquired through MLS access and/ or (With Your Assistance)
Referral of Traditional Real Estate Leads:
Referral of Leads from My Channels, advertising or my website.: Any leads for traditional real estate transactions (buying or selling standard residential or commercial properties) generated through my website or ads (Wholesaling123.com) or my marketing efforts will be forwarded to you.
Standard Commission Split: For any leads forward to you from me, and you successfully convert into closed real estate transactions, you will pay me the same percentage of $250. Per deal that you collect only at the time of closing.
Benefits of Partnering with Wholesaling123.com:
Access to a Specialized Market: Tap into the lucrative market of distressed property and land wholesaling without significant investment of your time or resources.
Additional Income Stream: Earn passive income through the $250 referral fee for deals sourced from the MLS database.
Potential for Higher Returns: Participate in potentially high-profit deals through the 50/50 split on transactions where your active involvement is required.
Quality Lead Generation: Receive qualified leads for traditional real estate transactions generated through my established marketing channels.
Mutually Beneficial Synergies: Leverage my expertise in property analysis and marketing with your real estate license and transaction management skills.
Why This Partnership Makes Sense:
Limited Risk for You: The partnership requires minimal effort on your part beyond granting access to the MLS database.
Potential for Substantial Returns: The compensation structure is designed to reward your contribution fairly, with significant upside potential.
Established Online Presence: Wholesaling123.com provides me with a credible platform that will increase the number of leads sent your way.
My Primary Focus is Wholesaling: I do not compete with you in the traditional retail market. My goal is to find deals, not to be a retail agent.
Next Steps:
I am confident that this partnership can be a mutually beneficial opportunity to expand our businesses and generate additional revenue streams. I am available to discuss this proposal further at your convenience. Please feel free to contact me at Wholesaling123.com to schedule a meeting or a call.
Thank you for your time and consideration.
Sincerely,