I've been studying these creative techniques to leverage myself from other traditional agents, espcially the 3,000+ incoming new agents in southern california. i was just wondering if any of you have personally used any of these techniques below?

Mainly seeking for licensed realtors for their opinions. thanks in advance.

Lease options/purchase
Wraps (AITD)
Subject to (Sub2)
Short sales
Retailing
Wholesaling
REO
Seller/owner financing

I haven't had the chance to use them, but am in a short sale on the buyer end right now. http://www.reiclub.com may be a better forum for your post.

I frequently use all of the above except Wraps. Short Sales will by far generally result in the faster and highest ROI but will lock up capital.

Retail is exactly what traditional real estate agents do every day. You may be thinking about Rehab and resale at retail... which is what you will normally do with many of the properties acquired by any method... it in itself is not an acquisition method but an exit plan.

Wholesale and assignments require less capital outlay.

Sub 2 is a form or Seller/ owner finance. It is just more complex and both you and the seller/owner have more risk that you must understand and accept. Sub 2 is my 2nd most used method of personal investment and occasionally I use it with client investors in purchasing properties most of which are distress sales.

You should understand each method / technique you plan to use. Many have very serious consequences if improperly applied or misunderstood. Some are very poor choices for a newer agent and some may not be allowed by the brokerage you work with. In the end the broker is still responsible for any real estate activity your involved with... personal or for clients.. and the broker can set limits on the techniques they will allow an agent to use in specific circumstances or in general. Check before you DO...

The Millionaire Investor call today discussed lease options, subject tos, etc. Wendy Patton.

http://millionairesystems.com/pages/events_millionaire_mondays.jsp

I can tell you that investors who are not green will not likely work with you very long if you are not familiar with creative techniques.

It is your duty as a realtor to be informed. Any realtor worth their salt should know about the techniques. Learning the basics will allow you to market yourself better to the investment community.

Stop by http://forums.biggerpockets.com if you've got any specific questions.