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Updated over 4 years ago on . Most recent reply

User Stats

82
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42
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Jackson Carr
  • Investor
  • Napa, CA
42
Votes |
82
Posts

Advice on how to find better RE agents

Jackson Carr
  • Investor
  • Napa, CA
Posted

RE Agents!! What the heck!

Maybe its the technology that is making working with an agent feel so much less personal, but I hate it. When I try to find deals in an out of state market I feel like I get put on these automated MLS emails to just receive endless terrible deals forever.

I have worked with AMAZING agents in Napa, SF, and Reno whom have all helped me to find great deals across the board, but the minute I step out of state I keep running into this issue. 

I send them proof of funds, a timeline, and follow up with a detailed description of what I am looking for. 

What am I missing? Out of state investors, is this just how it is? 

Jack


Most Popular Reply

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4,039
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2,377
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Steve Morris
  • Real Estate Broker
  • Portland, OR
2,377
Votes |
4,039
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Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied

"When you send them info, do you reach out personally with deals that meet criteria or do you just sign them up for automated MLS listings?"

I do apartments >10 units. Don't really have a MLS that works for that, I mean some guys will post them there, but it's not a real great source of leads since most resi guys don't deal with investment prop (not a slam on resi brokers, just not their focus).

Most listings are like CreXi/CoStar or on the broker's site.

I send them stuff SOLD and LISTED that is pretty close to what they want, if I can.  SOLDs help gauge if they have realistic price expectations and LISTED what's available.

If I don't hear back, then not a priority.  If I get stuff that's a good fit, I'll call, but prefer people I know better.

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