Making My First OfferMaking My First Offer

Hi everyone -

Im looking to buy my first investment property as a cash buyer. I have talked to agents but have not found them all that useful. I would like to offer without an agent on some deals I have found on my own both on Realtor.com and off market facebook groups 1) am I insane to try purchasing my first property without an agent? 2) Can someone help me with a template or system I need to follow for writing up my own offers?

Thank you in advance!

It's important you work with an agent that has a really good pulse on the market. This is going to save you time and money. Often times, sellers are already offering commissions to the buyer side - buy offering without an agent that doesn't go to you it will go back to the seller or listing agent. I personally love when I get a buyer on my listing without an agent - if their offer isn't a lowball it's often times higher than what the seller is willing to do and I get a bigger commission. On the flip, as a buyer, you're going to have a hard time especially with ON-MARKET property unless you're very experienced in the market. Your offers, how they are presented, how you communicate them, what terms are in there, the disclosures or requests you put all make an impact on how you and your offer are perceived by an agent and thus to the seller. With OFF-MARKET, there's no rules on disclosures really and you take on a big risk. If you're experienced or high volume, this can be mitigated. Without it, you could very easily make a big financial mistake. Just my thoughts and goodluck! If you change your mind, I happen to have done more transactions in the Tampa Bay area last year than 99% of licensed agents in the Tampa Bay Area and that happened to be almost exclusively buyer investor transactions. So if you're looking for an agent with a great pulse on the market so you can actually close on a deal with confidence, feel free to DM me.

Making My First Offer

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