Questions to ask a buyers agent

[Kyle Soderman]

Hi all!

I am sitting down with an agent tomorrow for a meet and greet! I already have a list of questions I want to ask him but I don't want to miss anything important. I am wondering what you all suggest I should ask before starting to work with the agent.

Note: The agent is a local investor! This makes me excited because I know he will understand the investor mindset.

Thanks in advance.

[Jim Keller]

Originally posted by @Kyle Soderman:

Hi all!

I am sitting down with an agent tomorrow for a meet and greet! I already have a list of questions I want to ask him but I don't want to miss anything important. I am wondering what you all suggest I should ask before starting to work with the agent.

Note: The agent is a local investor! This makes me excited because I know he will understand the investor mindset.

Thanks in advance.

 Kyle

I'm using the same strategy on Tues. Only I spent some time looking at our local MLS, and found what I think is a hungry agent. I would question a investor agent as to how committed he would be at locating "deals" for you.

My thought was to find the 25th ranked agent in the farm area.  I hope to be a add for him by showing him my new strategies.  I will be telling him I need 15 deals in our farm.  He will represent me on the buy and list my homes when I sell.  I have other duties I will require from him as he proves himself worthy.  

I would recommend you have a plan for him, an exact deal you would buy and buy fast. Show him your ability to close fast show him your a player in this market.  

Make a commitment to him to buy any home he brings you at say 65% of ARV. You may have to do a little calculating on your own numbers but that is a promise I know I can make. Then I show him homes I have already have done it on. This year I purchased 11 at 65% or lower of ARV. if you have a friend in the business or mentor look at his number to prove to your agent it can be done.

Good luck 

Jim