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Updated about 11 years ago on . Most recent reply

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227
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Steven Stokes
  • Specialist
  • San Francisco, CA
158
Votes |
227
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Investors vs Realtors answers on BP

Steven Stokes
  • Specialist
  • San Francisco, CA
Posted

So I'm new here on BP (so I could be totally wrong about this) but I've been reading a lot of threads from different people asking questions and I have noticed that there is a difference between how "investors" answer questions and how "realtors or agents" answer questions.

The Realtor answers tend to be straight down the line conventional and it's black and white and that's the way it is.

The Investor answers tend to be somewhat creative, a little different, a lot of gray.

I've been investing for years and I've dealt with a lot a agents in all shapes and sizes and skill levels.

Knowing your agent and your agents personality is just as important as knowing the deal you're working on with them.

I've had agents who made a dead deal a home run! And I've had agents who made a great deal turn into a nightmare.

But all in all, I think agents and Realtors tend to be more conservative because they know that there are a lot of deadbeats and people who couldn't close a door, let alone a 100k property.

I don't see a lot of bad advice being given but there is a range of advice being given.

The same is true in the real world with Sellers, Buyers and Agents. What one person would accept, another would throw in the trash and never call you again.

It's just something I noticed and wanted to comment on. If you agree or disagree let me know I'd be interested to hear what other people think :)

Most Popular Reply

User Stats

380
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87
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Ed Wood
  • Real Estate Broker
  • Orange, CA
87
Votes |
380
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Ed Wood
  • Real Estate Broker
  • Orange, CA
Replied

"The Realtor answers tend to be straight down the line conventional and it's black and white and that's the way it is."

- think this can be attributed to liability risk, being accountable for what they say, do and recommend. Bound by agency laws and over-site from NAR, CAR and local RE board, and of course the state BRE, continuing education on laws, regulations and legal forms?

"The Investor answers tend to be somewhat creative, a little different, a lot of gray."

- No over-site, no liability, no potential consequences for their actions?

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