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Updated over 9 years ago,
Does size matter? (RE Agency size that is)
Hey BP,
I'm about ready to pull the trigger on my first property to flip, I've met with a couple potential 'investor friendly' agents so far with some investment experience from larger agencies, and I'm meeting with one more agent who works at a smaller agency before I chose one, which brought up this question. When selecting an agent to work with, What value do you see in using a larger agency with multiple locations and a couple dozen agents, vs a smaller office with just a few agents. On the buying side, with a larger agency wouldn't you indirectly get access to their (larger) internal network to potentially get 1st look at a property from one of their other listing agents before it goes up on the MLS? And on the selling side, it would seem there is an advantage to a larger internal network of buyers agents to get the word out about your property to their clients to help with a quick sale? Any Pros/Cons of going with a smaller agency? Or is the size not that big of a concern and more important is the relationship/experience/skill/hustle of the individual agent, not so much the agency?
I'm looking for an agent primarily to list the property but also for advice on the the market, what rehab/finishings are desireable locally, CMA and help finding future deals.
Any input would be greatly appreciated!
Thanks,
-Eric