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Updated over 10 years ago on . Most recent reply

User Stats

39
Posts
13
Votes
Sam Hadad
  • Investor
  • sacramento, CA
13
Votes |
39
Posts

Greedy Real Estate agents in Atlanta

Sam Hadad
  • Investor
  • sacramento, CA
Posted

Hello everyone , just wanted to bring something up and see if any of you have ever seen something like this , or is it just me thinking this is weird ?!

I have been trying for the last couple of months to buy a house in Atlanta for cash for fix and flip.

Every day I spend hours looking for deals, analyzing, calling realtors to gain info on  specific areas and such, but as soon as I want to put an offer the house is gone.

there has been so many times that a house just got listed and I even look at the views on that house , I am like the first or second person that has even seen it , but when I call the agent to put an offer I hear the same response ( house is under contract ) .

Is there some kind of a game going on in Atlanta area that any out of state investor looks like a mafia to them or maybe they don't like them?! Some of the realtors I have talked to are a member of BP too, but I don't want to mention any name, just a clarification on if it’s something that is OK to do?! (Maybe selling to your friends and families first is totally fine now )

Most Popular Reply

User Stats

43
Posts
8
Votes
Joshua Jarvis
  • Residential Real Estate Agent
  • Hoschton, GA
8
Votes |
43
Posts
Joshua Jarvis
  • Residential Real Estate Agent
  • Hoschton, GA
Replied

@Sam Hadad - If anything real estate agents and other investors/wholesalers, etc are used to out of state buyers.  I'd venture to say that's the majority. 

"and I even look at the views on that house "  -  I'm not even sure what that means, what website are you looking at.  If it's on Z for instance, you most certainly are not the first one that's seen it.

A few things to check. 

  1. The market is hot, so if you see it online it's probably too late. {it's become a joke in our office}  
  2. Most of my deals are off market.
  3. The best deals are "known" and gone in 48 hours, some last longer, but rarely long enough for you to "get familiar with the area."
  4. When you make offers, make sure you have proof of funds, articles for your llc and make the offer clean, the shorter the contract the better in many cases.

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