Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

15
Posts
13
Votes
Ross Carlson
  • Investor
  • Chicago/Racine/Kenosha
13
Votes |
15
Posts

Questions to Find a Investor Friendly Realtor

Ross Carlson
  • Investor
  • Chicago/Racine/Kenosha
Posted

Hi Everyone,

I am beginning my search for an investor friendly realtor but having a tough time finding one on websites with good investor experience. Does anyone have any questions or tips on how to separate the average realtor from an investor friendly realtor?

I plan on describing my investment strategy to them and see if they are familiar/comfortable with the types of homes I am looking for. In addition to asking about their background and if they own any investment properties themselves.

I know Brandon Turner always mentions referrals as the best way but I am having a difficult time coming up with any referrals.

Thanks in advance for your help,

Ross

Most Popular Reply

User Stats

13,381
Posts
19,414
Votes
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,414
Votes |
13,381
Posts
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

1 - Will they submit all offers you give them? Correct answer = yes.  This also means you're not making ridiculous offers.

2 - Will they submit all offers before you see the site? Correct answer = yes.  Don't waste everyone's time by inspecting properties before you get offers accepted.

3 - Will they make you sign an exclusive contract? Correct answer = NO.  You're not a homeowner buying one property, and you're not (or shouldn't be) buying in only one area.

4 - How many HUD properties have they submitted offers on? Correct answer = at least 5

5 - Do they work with other REI's? Correct answer = yes, then you ask how many closings have they done with REI's as buyers, Correct answer = at least 10.

In order to work with a REA, they must score 100%...or I move onto someone else. This is NOT a case of 1 wrong answer is close enough. It MUST be 100%. Each of these Q & A are asked for specific reasons, and correct answers on all questions are a must.

Loading replies...