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Updated over 8 years ago on . Most recent reply

User Stats

16
Posts
8
Votes
Blake Hansen
  • Handyman
  • El Cerrito, CA
8
Votes |
16
Posts

Dear Agents, I'm not worth your time.

Blake Hansen
  • Handyman
  • El Cerrito, CA
Posted

I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer low enough to get the best bang for my buck and I don't care if my offer isn't accepted if it's not a good deal. However, this is a royal pain and waste of time for a real estate agent. I remember in Rich Dad, Poor Dad, Kiyosaki emphasizing making low offers and finding an agent willing to do so. Are there agents out there who will support an investor who low-balls every seller in hopes of finding a great deal? I can't imagine why an agent would do this. Are there investors out there who became agents for the express purpose of being able to write the offers themselves? I'd love to hear your thoughts on this and more. 

Most Popular Reply

User Stats

340
Posts
186
Votes
Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
186
Votes |
340
Posts
Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
Replied

If your agent uses electronic forms, it's not time consuming to make offers, maybe 10 minutes...

Agents 'know' each other, at least in my market.  If an agent writes lowball offers all day long, it hurts that agent when they have a 'retail' buyer.

  • Bill Schrimpf
  • 775-741-2326

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