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Updated about 8 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Bryan Kunka
  • Dearborn Heights, MI
4
Votes |
14
Posts

Unknown Broker name impacting appraisals / perception?

Bryan Kunka
  • Dearborn Heights, MI
Posted

Hey all, question for all the real estate brokers out there.  If you have a real estate brokerage but you aren't using a big name to back you up (ie: Remax, Century 21, etc)...when you are flipping houses, do you feel that your unknown brokerage name impacts things like appraisals, inspections, permits, etc?

I am pushing my partner to get his brokerage license, but he feels it may adversely impact the fix and flip business.  Since the broker name would be unknown, he feels it will bring extra scrutiny to the process - I don't buy it, but wanted to see what you all think.  

Any feedback would be appreciated.  Thanks!

Most Popular Reply

Account Closed
  • Property Management
  • Marietta, GA
25
Votes |
45
Posts
Account Closed
  • Property Management
  • Marietta, GA
Replied

No,  brokerage it has nothing to do with inspection,  Appraisal and permit. It won't affect those whatsoever. 

However,  if your partners want to compete to get listing,  seller tent to choose known/reputable company. 

Buyer's side not so much 


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