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Updated over 3 years ago on . Most recent reply
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Realtors: what to avoid with buyers and sellers?
As a real estate agent, are there any red flags I should be looking out for when finding prospective buyers? Are there any buyers that you wouldn’t work with?
Most Popular Reply
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I just try to get to know them as well as I can and sometimes different red flags pop out, not necessarily faults on their part, but for example one lady said she had $100k in cash want wanted to do a cash deal in her home town for $80k or less (to leave $20k for rehab). Five minutes into the MLS I found 2 properties in her price range and when she hemmed and hawed at those not being good enough I just put her on an MLS drip, gave her my card, and let her float off into space lol.
Sellers are worth more effort up front because they take less effort in contract-to-close and you get some free marketing with the for sale sign. That's more of a process of trying every possible way to make things work.