Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Alex Popescu
  • Contractor
  • Ottawa, ON
0
Votes |
6
Posts

Is it reasonable to ask an agent for...

Alex Popescu
  • Contractor
  • Ottawa, ON
Posted

My partner and I are looking for a real estate agent to help us with our search and was wondering if it is reasonable to ask them to go beyond the typical showing of the comps. Having working as a commercial appraiser in the past, we would call the comps sales agents to dig all of the motivating factors that influenced the buyers' decision, do a quick market analysis, look at the asset conditions, etc.

Is it reasonable to ask my future agent to do all of this leg work as well? .. (mind you, we would charge a lot less than a typical borker charges).

Most Popular Reply

User Stats

485
Posts
415
Votes
Brian Van Pelt
  • Specialist
  • Owings Mills, MD
415
Votes |
485
Posts
Brian Van Pelt
  • Specialist
  • Owings Mills, MD
Replied

@Alex Popescu
It depends:
. If you are going to give your agent the listing to sell for you, or allow them to act as your buyers agent, then YES it's reasonable to ask an agent to do this type of work.
. If you plan to just have the agent run comps without being your listing or buyers agent , the NO it is not reasonable to expect someone to work without compensation
. If you are not prepared to close on a property or even make an offer on a property, then NO, its not reasonable.
. If you are just testing the waters , agin NO it's not reasonable.

It's reasonable to pay a retainer if your answer is anything but YES, I'm a ready willing and able buyer or seller.

Loading replies...