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Updated over 8 years ago,
What kind of agent to work with for OO multifamily property
OO- owner occupied. In case anyone asks... ran out of characters.
My question is, is there something I should be looking for in an agent when I'm looking for what I'm guessing is a more special request of finding the best deal on an owner occupied multi-family unit in the super tough market of LA?
I have been working with an agent but have not had the best response rate with her. Because I have a specific goal in mind and because I currently do not live in LA I need a little more help than I would normally ask for. I was able to schedule time to drive the 4 hours from where I am in Fresno to LA early next week to view some possibilities, which I mentioned to her last week but without hearing much from her since then I have a feeling that I will be wasting the days I set aside and likely not be viewing anything.
I know this type of home search process must be frustrating for some agents who can normally make a traditional SFH conventional loan sell quicker and without so many non-negotiable items that fit within a certain budget. But I also know that certain agents must have expertise in this type of investment.
What do I need to do to help an agent want to help me? I'm not against doing some long distance footwork but I need to know what agents look for and need.
And yes I have emailed the similar question (written very carefully) to the agent directly but in case there is more of a blunt/real answer, I know I can count on BP for it.
And on that note... for the lender as well... who is also not very responsive.
(As a side note: I'm pretty reasonable and am not a super impatient or annoying client. Just need some urgency for this one.)