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Updated almost 5 years ago on . Most recent reply
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Investor, also Realtor.. How to introduce myself to new clients?
Hi Everyone,
I am ready to jump into the Investment realm full boar but am bound to the regulations of a Realtor. This initially seemed like a great position to be in, however I'm finding that it requires some finesse when introducing myself to potential investor partners / clients. Even though I only operate part time and by referral, It becomes difficult to want the best 'investment deal' for my particular situation but according to RELRA, I have to present them with a Consumer Notice acknowledging my duties as an agent.... I have always been straitlaced and followed the rules- Is there a clear cut way to do this appeasing both sides?
How do you best begin the conversation with people you wish to invest in their properties-but do NOT want to act as a Realtor to do so? Specifically when I call / mail local properties and this can be seen as solicitation where disclosure is mandatory?
My future is in investments, in fact I have the business plan all ready, just seeking some seller financed / flip opportunities in my area. Being an agent certainly helps to find deals / connections, however It brings some challenges.
Any thought / insight is greatly appreciated.
Matt
- Matthew Morrow
- [email protected]
- 484-791-6200
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- Real Estate Broker
- 3412 S. Harlem Avenue Riverside, IL 60546
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@Matthew Morrow you may be making a bigger issue of this than it really is. Some people need to sell quickly at a discount, and for them you can ethically buy below market value. As long as people know you are a realtor, the rest of the negotiation will be just like it would be for someone who is not a licensee.