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Updated over 3 years ago on . Most recent reply
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Best ways to find investor friendly Realtors in various markets?
Aside from doing a keyword search (which I have done), is it best to google or pay for a membership here to find a Realtor for STRs? Or are there other forums/FB groups that I am missing? We have a dedicated Realtor in 2 markets but am struggling on finding STR Realtors in specific parts of Florida. How do you find Realtors? Thx!
Most Popular Reply
Originally posted by @Daniella Lamis:
@Paul Sandhu There are normally 2 Realtors in a transaction- listing agent works for the seller, a buyer's agent works for the buyer. As a Realtor myself, I know that I want a local Realtor representing me on the buy side.
On the buy side...I don't see why you wouldn't use a Realtor. The system is built to prevent buyers from representing themselves on an MLS deal. A lot of brokerages won't even allow it. Since the seller has likely already signed an exclusive representation deal with their agent, you either abide by their rules or don't play. If it is off-market, and you feel comfortable knowing the market...ok sure.
On the sell side...I can't imagine why you'd use a Realtor unless you are just looking for expensive admin help. As an investor, you should understand the process better than the average Realtor. All Realtors have 1 prime incentive: close the deal. Good deals, bad deals, questionable deals...the best Realtors will close all of them and move onto the next. That may or may not be in your best interest.