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Updated over 5 years ago on . Most recent reply

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Brian Kantor
  • Investor
  • Brooklyn, NY
205
Votes |
185
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One agent at a time? Or a few at once?

Brian Kantor
  • Investor
  • Brooklyn, NY
Posted

Hi there. First-time investor here, who's been interviewing a bunch of potential agents in my target market. After speaking with about 7 or 8 in my market, I've found that I've loosely grouped them into 3 buckets--"Definitely Not", "Fine", and "Seems Great". 

I've got 2-3 in the "Seems Great" bucket, and I've noticed that each seem to have their own traits or insights that I find appealing, but all with slightly different approaches or areas of expertise.

I'm wondering if it's best to pick one, start the process of examining properties with him or her, and then decide if it is or is not working out. Or is it acceptable to take the Top 3 and sort of play them all at once, see where I find the most success, and prune down to 1 or 2 if need be?

I understand that I can once I view a specific property with a specific agent, I'm bound to use them should I make an offer on that property, but are there any drawbacks in viewing multiple properties from multiple agents?

Thanks in advance for your thoughts!

-Brian

Most Popular Reply

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17,490
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30,185
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,185
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17,490
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Good agents are interviewing you as much as you are interviewing them. If you are a first time investor, no good agent is going to work with you if you are messing around with several agents. They simply cant expend time with a potential zero return if you close a deal with someone else.

Now experienced investors who are taking down many properties per year may need a pipeline thats larger than 1 agent can provide, but that is not you, at least yet.

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