Making Investor Offers

[Brandon S.]

Long time reader...first time poster   :)

I am a real estate agent. I am looking at making offers in the investor arena. However, I am a bit nervous about making offers at lower prices.

Do y'all call the listing agents before you make the offer? Every Offer?

Do y'all worry about what the listing agent will say when they receive a "low" offer? 

Any encouragement/advice about making these types of offers would be greatly appreciated.

Thanks,

Brandon

[Roy N.]

@Brett Synicky 

I probably wasn't clear in my response.  I do not tip the listing agent that I am sending in a low offer.  I do typically tell her/him that an offer is coming ... or, if I am using a buying agent, my agent will tell them.

I do agree with asking to present the offer in person.  Though my experience has been that this works in the commercial space, but not in residential property sales as the vendor's agent tends to be over-protective (or insecure) and does not want you dealing directly with the vendor.  I can understand the reasoning behind this if the vendor is John & Jane Public selling their, or Mom's, house, but even in this instance, they should ask the vendor if they are comfortable having a dialogue directly with the buyer.  If the vendor is another investor, then I typically prefer the agent allow a face to face meet.