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Updated about 8 years ago on . Most recent reply

User Stats

24
Posts
5
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Manoj Sadasivan
  • Real Estate Investor
  • Madison, Mississippi
5
Votes |
24
Posts

Real Estate Agent Expectations

Manoj Sadasivan
  • Real Estate Investor
  • Madison, Mississippi
Posted

I am fairly new to REI with one rental property under my belt am working through an agent to find buy and hold properties in Metro Atlanta area, however here is the problem. Even after communicating my expectations very clearly. the agent I am working with is showing very low level of engagement other than sending automatic system generated emails with the new listings for that day. I am an out of state investor and I was expecting the agent to help me short list areas, bring up deals before it goes into MLS or atleast give inputs about the ones that are listed in MLS. Am I expecting too much here, or is it possible that investors are viewed as a hassle here?.I am at the point where I am strongly considering to find someone else. Thoughts please

Most Popular Reply

User Stats

531
Posts
265
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Sarah Ziehr
  • Real Estate Broker
  • Chicago, IL
265
Votes |
531
Posts
Sarah Ziehr
  • Real Estate Broker
  • Chicago, IL
Replied

What price point are you in and what level of engagement are YOU showing that agent? 

I agree that some agents are just lazy but I've been on the other end of it, working my butt off for someone who never buys a single thing. Finally after months or years (yes, years!!) I put them on the back burner. Likewise if you are in the under $100k price point you may be expecting too much. Traditional agents get paid only after they close a deal.  

For those investors that fancy themselves the expert, consider getting your own real estate license and MLS membership if you think you real estate agents are obsolete.

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