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Updated over 1 year ago on . Most recent reply

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James Thomas
  • Architect
  • Japan (Home of record, Louisiana)
6
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8
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Finding Rockstar Real Estate Agents

James Thomas
  • Architect
  • Japan (Home of record, Louisiana)
Posted

Hello Bigger Pockets! Live overseas and shall be transitioning in the very near future to Kitsap County, Washington. Our intent is to purchase a property with the ability to house hack. Objective one, find a rockstar real estate agent. My uneducated process in the past has been to read real estate agent bios and pick the top five I would like to interview. Then picking the one real estate agent we believe to be the best. How may I improve upon finding a real estate agent though?

Current thought is to… 1. Create a “Real Estate Criteria” letter outlining cash on-hand, contingencies, requirements (ex: house hacking), preferences and more. Example letters would be welcomed and appreciated. 2. Utilize Bigger Pockets Agent Finder to find rockstar Real Estate Agents who best fit our needs. Email top agents request to interview with attach Real Estate Criteria letter. 3. Interview and select rockstar Real Estate Agent. 

How May I improve this process?


Your help is greatly appreciated and thank you for valuable time.

Most Popular Reply

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706
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2,355
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Michael Haas
#4 General Landlording & Rental Properties Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,355
Votes |
706
Posts
Michael Haas
#4 General Landlording & Rental Properties Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

@James Thomas A few things to add to your search criteria:

1. Bigger Pockets Agent Finder is a good resource, but don't use it exclusively. I think its important to know that Agent Finder is a paid service, so the agents that are recommended to you are the agents that have chosen to pay Bigger Pockets thousands of dollars to be recommended, not necessarily the best agents or the agents with the most experience. Often times its the opposite- the best agents work by referral and keep busy without paying for marketing, so they don't pay for Zillow, Bigger Pockets, or other service's "featured agents" advertisements.

2.Look for investor-agents that have personal experience in your Niche. If you want to HouseHack, don't chose an agent that hasn't HouseHacked at least once, ideally multiple times successfully. Ask detailed questions here about experiences, dates of investment, and addresses / example addresses. As the popularity of HouseHacking and Investing has increased I've seen many agents suggest they have HouseHacking and Investing experience as a way to win clients, but that experience may be very limited or even not existent... make sure to ask probing questions to get the full story!

3. Recommendations & Reviews: Make sure to read lots of reviews and ask for referrals / recommendations - that's what's going to give you the most information about what working with this agent will actually look like!

Looking forward to talking more. Cheers!

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HouseHack Seattle
5.0 stars
66 Reviews

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