Utilizing a realtor or not

[Kayte Flyte]

Hello,

Im new at investing (1st property) and I’m looking into offering an all cash offer on a property and was wondering if it is wise to use a realtor or just use the listing agent?  The home is in Indiana.  We have been speaking with our own realtor about this property but he’s been slow with responding and we want to jump on this opportunity.  

[Jeff Copeland]

The listing agent works for the seller. They are legally, contractually, morally, and ethically bound to represent the seller's best interests and get as much money out of you, and as much protection for the seller (contractually speaking), as possible. 

Is that who you want presenting your offer?

If your buyers agent is not responsive enough, get a better one. 

That being said, the buyer is another important piece of the equation for a buyers agent: 

Are you a legitimate cash buyer with liquid cash that is ready to close on this deal, submitting realistic offers that are aligned with the state of the market? 

Or are you a wholesaler asking your agent to submit 10 lowball fake "cash" offers per week that have very little chance of being seriously considered?

As agents, the former can be a pleasure to work with, and make great long term business partners. The latter can be a waste of time and ruin your reputation.