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Updated almost 6 years ago on . Most recent reply

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Adam Brammer
  • Rental Property Investor
5
Votes |
14
Posts

Using my own realtor vs using the Sellers realtor

Adam Brammer
  • Rental Property Investor
Posted

Hello BP, I'm fairly new to REI investing and the BP community, but I'm excited to get started and hopefully join in with the rest of you soon!

I've been searching the web and RE sites, and have found a few places out of state where the numbers look really good for cash flow and CoC return, and I'm ready to start viewing the properties and making the next steps.

My question to the community is this; is it better to have my own realtor with me to go through discussions and negotiations, or would it be okay to use the sellers realtor (assuming that is who is listed as the realtor on each site)? I am not sure if they would be more willing to benefit the seller or if they would have both parties in mind.

Any help is appreciated as I start my REI journey!

  • Adam Brammer
  • Most Popular Reply

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    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    13,508
    Votes |
    23,418
    Posts
    Wayne Brooks#1 Foreclosures Contributor
    • Real Estate Professional
    • West Palm Beach, FL
    Replied

    Absolutely get your own.....the listing agents job is to sell the property for the best price to any buyer/sucker that comes along. 

     You need an independent opinion on areas/neighborhoods Especially being out of state. 

    The better the numbers look, the crappier the neighborhood and the higher the risks. 

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