Finding Quality Developers - Los Angeles

[Rick Albert]

Hello Everyone!

I come across developers often.  With that, I also come across pocket listings for development opportunities from other Realtors through my networking.  I am an agent.

The problem I have been having lately is developers want me to send them deals, but when I do, they take forever to respond.  For example, I would send a pocket listing to a developer and he would say that it's too high.  I would ask at what price would it make sense and then he goes radio silent.

I tell developers up front that I need responsiveness since competition is fierce in Los Angeles and margins are tight.

What's a good way to vet developers between the good ones and the bad ones?  When a deal closes it benefits everyone.

Thanks!

[Robert Chuang]

@Rick Albert
@Will Barnard

Haha I agree on what Will mention. I think there are only a few reasons why the developer goes radio silence. 1)Rather they needed time to analyze the deal (which shouldn't take long). 2) They are just looking. 3) The deal doesn't fit their category. 4) The deal is bad.

I think the best way to stop it keeps happening - ask exactly what they need and ask for feedback when you send something to further narrow down their need. If they completely ignore you. They are not serious. They just want "the deal" to look. If you are scratching their back sending a really good deal, they should be scratching yours. Otherwise, dump them and look for someone reliable and want to establish relationship like  @Will Barnard lol he will close. ;)