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Updated almost 7 years ago, 03/13/2018
What incentive is there for a realtor to present low ball offers?
Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.
Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet. I just listened to the podcast "How to Buy Your First (or Next) Property by the End of the Year" - episode 247 and it was awesome. Brandon suggested making 1 offer per week and I love that, if nothing else for the experience in making offers and analyzing deals.
Here's my question: Why would my real estate agent buddy want to present my low ball offer to the seller? Isn't his goal to make as much money as possible? I just want to be considerate of his time since he is already answering my 9 million questions and sending me reports every day.
I appreciate any responses!