Help Submitting Offers

[Daniel Pitner]

Hi guys, 

Over the past few weeks, I have been reaching out to property owners and submitting offers on properties. My goal is to do 3/day and by next month raise that to 5/day. I have a few questions that I've been thinking about as I've been going through this process: 

-For houses that are on the MLS, is it "unkosher" to send a letter directly to the owner and bypass the real estate agent?

-How do I know which properties have owners who have high equity in their property? 

-What have you found is a good way to ease the tension of offering such a low amount on a property? For those familiar with the enneagram, I'm a 9 which means "confrontation" is difficult for me. 

-Has anyone paid for marketing in order to purchase a primary residence for themselves? 

-Any other advice or input that you have would be appreciated! 

[Patricia Steiner]

If a property is listed on the MLS, the listing agent has the exclusive right to market the property. Contacting the owner directly on those properties is inappropriate and would leave the perception that you don't know/understand the real estate business.

And, considering that buyers do not pay a commission, why wouldn't you seek out a realtor who works with investors to do a more targeted search on your behalf?  Again, you - as a buyer - would not pay for the service and an investment oriented realtor would also have off-market leads/properties that are shared only with his/her clients.