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Updated over 10 years ago on . Most recent reply

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Erik Sell
  • Investor
  • Fargo, ND
6
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25
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Realtors - People's thoughts?

Erik Sell
  • Investor
  • Fargo, ND
Posted

Does everyone here use a realtor when purchasing investment properties? For the people that do not, what are your reasons? We will have an LLC (3-4 partners) planning to purchase our first property hopefully this spring and I'm just wondering what people's thoughts are. Thanks in advance.

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Jean Bolger
  • Aurora, CO
1,303
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Jean Bolger
  • Aurora, CO
Replied

Unless you are an experienced investor and are using the fact that you won't be asking for a buyer's agent commission as a negotiating tool then there's absolutely no advantage that I see to going it alone. The commission almost always come from the seller's side of the deal, so it's no money out of your pocket, and a buyer's agent will have a contractual duty to protect your interests. Admittedly, some do that better than others!

  • Jean Bolger
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