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Updated about 9 years ago on . Most recent reply
Investor-Realtor? Frustrated
I've been an Real Estate Investor for 10+ years...I've had my Realtor License for 2 years. I'm always wearing two hats and sometimes they get confused. Since I've had my license I haven't bought a property for myself. I thought I would make a little more money being a realtor while I invested but this Realtor gig has taken on a life of it's own. I'm a Realtor with a Big National Company and they expect everyone to list, sell, close and repeat. I have to admit I'm very competive and it's not a good thing since I spend more time being a Realtor than an investor. Everytime I start to offer on a property for myself...the listing agent says my seller won't take that! Before I was a Realtor I didn't care I offered anyway and sometimes I got the deal and sometimes I didn't. Now it's like I can't offer since I will offend another Brokerage.
I need some input from others that have had the same problems with the investor-realtor life. Frankly I really make more money with less work being an investor but its not a steady money machine. As a Realtor I'm working non-stop and have money coming in more frequent but it's more frustrating since I work for nothing when clients don't buy, can't buy or just disappear.
Thanks for listening...It's been a frustrating 2 weeks.
Most Popular Reply
![Ross Greene's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/319691/1621443946-avatar-realtorross.jpg?twic=v1/output=image/cover=128x128&v=2)
Use being licensed to your advantage. You get to use that commission however you like whether its toward the purchase price or to cover your closing costs. Who cares what others think about lowball offers. As for a reflection of your entire brokerage, that sounds a little strange to me.
Saving 3% off the top is a huge savings let alone if you get their price down considerably as well.