Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

6,088
Posts
3,921
Votes
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,921
Votes |
6,088
Posts

Are you a "Cash or Terms" Offer RE Investor? Working with Agents..

Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Posted

Let's say you are a cash or terms RE Investor, or want to be.

Instead of saying:

We buy houses, any location, any condition, cash in 24 hours!

You say...

We buy houses on terms or for cash, quickly!

We solve problems, like divorce, probate, bankruptcy.

We will take over your payments and lease your home, then buy it for what you owe!

No equity no problem!

No Commissions or Closing costs.

Call now!

````````````````````````````````````

Great listing - sales agents will steer away their clients from low ball cash offers.  See

http://www.trulia.com/pro/buyers/reality-check-5-f...

So...how do you work with listing agents? 

If you are doing a lease option assignment.....

Have the home seller attach their listing agreement to an addendum or a broker's affidavit, give the agent one month's rent today and their commission when the home sells (closes).  You can have the broker's affidavit recorded as a lien to protect the broker's commission.   See an attorney.

There are 20 million houses with little equity out there, purchased at the top of the market (2006 - 2007).  These home sellers can't afford to sell traditionally with an agent.

Tell the agents..

Offer cash or terms at the same time of your listing appointment.

Network with agents.  Offer them full commission on their "thin equity deals".

Make Money with Every Listing Appointment!  Call for free report!

Loading replies...