Brokers/Real Estate Agents

[Shayna Burns]

How are you BP members? My question is specifically for Brokers, and Real Estate Agents. How do you expect for Buyers (REI) to approach you? If you have a specific script that would be great, but any break down is greatly appreciated. Would you prefer an Email or phone call? What are red flags for you, that you are not taking this person seriously? What is your ideal conversation with a buyer (REI)? What questions should we be asking? Thank you so much, all information is greatly appreciated.

[Trenton Miller]

How do you expect for Buyers (REI) to approach you? 

As a broker I work for the buyer.  Approach me whichever way is most convenient for you.  As far as what to say, communicate your intentions.  

Would you prefer an Email or phone call? 

Again this decision is up to you as the buyer.  I typically find that I receive emails and text messages more often, however I always respond with a voice phone call.

What are red flags for you, that you are not taking this person seriously? 

Get to the point and ask them if they are working with a lender.  I ask for a pre approval letter before showing properties.

What is your ideal conversation with a buyer (REI)? What questions should we be asking?

This is a very broad question..  If I were you I would be asking questions about return on investment and cap rates.