Real Estate Buyer Agent

[Thomas Kareeparampil]

This question is for the real estate agents in the CT forum. Are you generally comfortable working with clients who want to make "low-ball" offers? I am considering making a concerted effort to send out multiple offers in the coming months on foreclosed properties but have a specific $ thresholds for each property based on it sq ft, estimated rehab needed, avg list price/sq ft in the town, and what the expected ARV should be. I am looking to work with someone who does not mind travelling to the given properties to take video/photo (travel all through CT), sending offers that are potentially 30-40% below the asking price. I have a set process in place and will be sharing with you (via Google Sheets) how I find the given property and come up with my offer prices. DM me if interested.

[Minna Reid]

You will want to offer compensation in advance or an hourly/per property rate. I can't think of a single good real estate agent that wants to drive all over the state, take photo and video, and then send out mass offers 30-40% below asking. That's a very good way to waste a lot of time, ruin your credibility among your peers and never get paid a commission.  You may get lucky and find a new or starving agent that is willing, if you are prepared to pay in advance/hourly/flat fee. IMO.

Good luck.