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Updated about 7 years ago on . Most recent reply

what type of emails should I set up with my agent
Hello. Im meeting with a Agent tomorrow who wants to help me in any way he can. he's a buddy of mine and im looking to have emails set up so I can get MLS listings from him. what would be some of the emails i should get?
SFR, from $ to $$, in this area etc
Multi Fam from $ to $$ in this area etc
expired listing etc.
if there are any other possibilities for email set-ups please let me know
Thanks for your consideration
Tom
Most Popular Reply

@Thomas Poloncarz Jr Again your buddy should be making recommendations because if you are going to be making your realtor thousands of dollars they should have a lot more experience than you to guide you through your investing. I personally like to generate a list for properties over 60 days on market, because these are the properties we will typically lowball offer on and will negotiate with us. I actually don't care if it has a recent price drop because many relators have alerts for price drops as does Zillow, and I want the property that is mismanaged by the realtor that nobody is looking at to leverage walking away. Easy to walk away from a buyer when there is a lot of interest. Expired is along the same line and a good one as well, and we also like to call on rental listings on market over 60 days especially in winter. A lot of realtors are bad about updating these, so a lot of dead ends but again empty homes in winter give sellers more motivation.

@Thomas Poloncarz Jr Your realtor should be recommending to this to you, based on the type of investing you want to do. Does your buddy invest in real estate as well? If they don't, you really should consider using a realtor that invests themself.

@Casity Kao Yes my buddy does invest. but i know ive heard of some other types of emails that i should set up with him that could give me potential leads. i listened to a lot of the podcast while on the road as Im a truck driver, and i cant remember some of them. example : expired listings, no longer listed listings etc


@Thomas Poloncarz Jr Again your buddy should be making recommendations because if you are going to be making your realtor thousands of dollars they should have a lot more experience than you to guide you through your investing. I personally like to generate a list for properties over 60 days on market, because these are the properties we will typically lowball offer on and will negotiate with us. I actually don't care if it has a recent price drop because many relators have alerts for price drops as does Zillow, and I want the property that is mismanaged by the realtor that nobody is looking at to leverage walking away. Easy to walk away from a buyer when there is a lot of interest. Expired is along the same line and a good one as well, and we also like to call on rental listings on market over 60 days especially in winter. A lot of realtors are bad about updating these, so a lot of dead ends but again empty homes in winter give sellers more motivation.

@Thomas Poloncarz Jr I agree with @Casity Kao! Depending on your investing goals I would also have your realtor/friend set up a keyword search.
For my clients that are actively searching for flips I create a search and include things like fixer, flip, distressed, potential, investment opportunity, investor, etc. That tends to generate a decent amount of deals in my area.

@Casity Kao thanks for the info those are the lists he actually mentioned and started for me. Thanks for your time and help.
@Jacob Wathen my guy works at Keller Williams as well here in Buffalo Ny. He is also a Detective at BPD. and he invests as well. Thanks for your help.
Tom

That sounds like a great connection Thomas! Feel free to pass me his info via messaging I am always looking to network with investor friendly agents and I actually have quite a few friends in Buffalo.
Jacob Wathen

@Jacob Wathen very good. I'm starting to build my network and it's great to have this site for connections.
Thanks again
Tom

Being in Buffalo he will have access to REALIST as well. Personally I think that is one of the most underutilized tools for most agents. You can filter out who most likely has full equity in the house using last sale date or recording date. Helps you to laser focus on some of those properties.
Good Luck!
- Mike Cumbie