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Updated over 7 years ago on . Most recent reply

User Stats

54
Posts
14
Votes
Yuvaraj Vimawala
  • Austin, TX
14
Votes |
54
Posts

Sellers agents not responding

Yuvaraj Vimawala
  • Austin, TX
Posted
Hello, I am an investor who is interested in out of town multi family investments. Recently analyzed 2-3 Fort Worth deals, liked the numbers and started discussing with the sellers agents. Here are my challenges: 1. Sellers agents talk to me once or twice and stop responding (I have not asked anything offensive) 2. Sellers agents do not share any info (rent rolls, P&L statements etc.) 3. Tried placing offers and contacting via a buyer agent as well - no luck. I have a suspicion that some good deals like these, sellers agents stop responding after they get 1-2 good offers or probably favor their network. I know they are obliged to share any legal offer with their clients, but if they don't hear my offer, they don't have to. I may be paranoid.. so looking for advice from experts here. Am I doing /or not doing something I am not supposed to? I am following the advice from popular books on real estate, where I am supposed to ask for the right info before making an offer.

Most Popular Reply

User Stats

15,176
Posts
11,259
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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,259
Votes |
15,176
Posts
Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Are you sending your bank statement with account number blacked out with your broker/agent contact to show you have capability to buy?

Brokers/agents get contacted all the time. Buyers say they will do all sorts of things and then flake out.

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