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Updated over 6 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Neal Royal
  • Realtor
  • Atlanta, GA
7
Votes |
29
Posts

Most Popular Reply

Account Closed
  • Investor
  • Chicago, IL
58
Votes |
105
Posts
Account Closed
  • Investor
  • Chicago, IL
Replied
@Neal Royal My partners and I exclusively sell multifamily apartments, so my answer will be in that context. I’d say one of my largest frustrations stems from clients who put a property under contract, conduct due diligence, and then retrade for reasons that were disclosed during the marketing process. An example would be someone coming back from a credit for an boiler replacement when they saw it during theIr tour, the age of the boiler was disclosed in the marketing materials, and there are no current issues with it. Sounds crazy, but it happens with new buyers a lot. Another thing that drives me crazy is when people give me general acquisition criteria, don’t follow up, and expect me to send them deals. If I had a dollar for everyone time someone told me they were looking for “value add apartments” in a “good area” for a “good price” and then never follow up with me, I would be rich. Thanks for posting a broker vent session :-)

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