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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 year ago, 12/17/2023

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21
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16
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Aaron Freeman
16
Votes |
21
Posts

Questions about Offers/Contracts

Aaron Freeman
Posted

Embarrassing question time!

I am embarrassed to say I have purchased 3 primary residences in my life, and don't have a clue how my agent handled offers.  

1) When reading about the BRRRR strategy it seems that it's common to make lots of offers before you are able get to the next stage. Are those offers simply verbal agent-to-agent conversations or is your agent actually writing a contract on each and every offer you want to make?

2) If you are making lots of "lowball" offers (probably a bad word but it's what comes to mind), doesn't that drive your agent crazy if they have to write up a contract on each and every offer and it's always a "lowball"?

3) Are contracts sent by email in this day and age?  

4) I believe in my state (Kansas) the seller's agent is obligated to present every offer made to the seller.  Is that true in all states?

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