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Updated almost 6 years ago on . Most recent reply
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Best Way To Introduce/Meet Brokers/Professionals In New Area
Hey all, Happy Tuesday!
I am curious on others' opinions regarding introducing themselves to new professionals in a market you want to invest in, whether that is a broker, property management company, etc.
Do you all rely exclusively on a mutual introduction before reaching out or is it still professional to send an email or call someone that you've read about that you may be interested in working with?
For example: a property management firm in a market you want to invest in you've read great reviews on, etc.
Is it a faux pas to reach out to someone you don't have an "official" introduction to?
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@Hannah Smith if you know your investment criteria and the market in which you're looking at don't hesitate to call the broker. Be very specific it is you want (number of units, vintage, rents, etc).
Tell the broker, you're ready to purchase (hopefully you are) and would like to be added to the distribution list. They usual will have no problem with this.
The key to all of this which @Chase Louderback touched on is to follow up and stay in contact. For every deal they send you, get back to them and let them your thoughts on the deal.
You'll now be on the front of mind with the broker and be on your way to developing a key relationship.