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Updated almost 4 years ago on . Most recent reply

User Stats

28
Posts
8
Votes
Thomas Fawcett
  • Investor
  • Ankeny, IA
8
Votes |
28
Posts

Working with Buying and Listing Commercial Brokers

Thomas Fawcett
  • Investor
  • Ankeny, IA
Posted

Hello Apartment Investors! Quick question. Our team is working on syndicating our first multifamily deal. We have developed a relationship with a few brokers in our area and we're ready to start submitting LOIs. I'm wondering if I should contact/send my LOI to the listing broker or do I work with the broker that I've developed a relationship with? Do I submit my cover letter and LOI to listing agents or send to the broker we know, and is sending us deals, to represent us? Seems like this should be common knowledge, but I can't seem to figure this one out, and I don't want to waste anyone's time. Thanks in advance!

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