Multiple Real Estate Agents

[Kenny Durrant]

I would appreciate some advice as I’m getting started looking for my first investment property. I have a friend who is a real estate agent, and I’ve talked with him about my goal to purchase my first investment property this year. He is going to keep an eye out for possible deals. Tonight another real estate agent I know was touching base with me, and I mentioned to him my goal of purchasing an investment property this year. He also offered to help me find a deal, I let him know my friend is already helping me. I didn’t feel right about working with another real estate agent, since I very recently spoke with my friend about finding a deal. My other thought was, that it would be great to have multiple people looking for deals, but also I don’t want to go about it the wrong way. I’m curious other’s thoughts/advice about working with multiple real estate agents in the same area, is that acceptable or frowned upon? 

Thanks in advance

[Dawn Brenengen]

@Kenny Durrant  While I don't make my buyers sign any agreements with me until we are writing an offer and I have to, if I knew my buyer was working with many different agents, I wouldn't focus nearly as much of my energy in finding that person a deal.  I have buyers who are very loyal, and I am sure to keep them at the top of the list when a good deal hits the market.

I do understand if another agent brings them an off market property, and they decide to buy it.  No big deal, but a certain amount of loyalty will also get you a certain amount of my attention.  You may want to talk to a few agents to find out who you click with, and maybe you have a few looking out for you know until you figure out who actually delivers.