Yea, to add one major point to that list, a real estate agent most states require you to house your license with a broker. And you cannot become a broker in most states until you have usually some period of time working for a broker. In my state you need 2 years under a licensed broker before you can apply to be a broker (there are some other things you can do to qualify too but it is still a lot of time). So in the end that means, you get your agent license (pretty easy <$1000 generally), work as an active agent in some fashion for 2 years before you can get your broker license and then, finally, you can eliminate 50% of the transaction fee.
The math just doesn't work out, if you get to the point you are doing that many deals, just hire a broker for your business.
Getting access to the MLS isn't that hard. And finding a good agent/broker to work with is very doable as they want to work with investors since it is a source of recurring income usually for them.
That all said, I am always interested in other peoples approach to minimize transaction fees, but most investors I know in real estate use this approach as it just works and minimizes liability.
The math just doesn't work out, if you get to the point you are doing that many deals, just hire a broker for your business.
Getting access to the MLS isn't that hard. And finding a good agent/broker to work with is very doable as they want to work with investors since it is a source of recurring income usually for them.
That all said, I am always interested in other peoples approach to minimize transaction fees, but most investors I know in real estate use this approach as it just works and minimizes liability.