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Updated over 5 years ago on . Most recent reply

User Stats

29
Posts
2
Votes
Thomas Lee Nuckles
  • Rental Property Investor
2
Votes |
29
Posts

More than one realtor?

Thomas Lee Nuckles
  • Rental Property Investor
Posted

Why is it not ok to have more than one realtor as an investor? Being an investor means finding great deals and it’s not like great deals come often. So I’m just curious on why it’s bad business to have more than one realtor considering most of the good deals are found off market and might take a very long time to find. I would understand not to have more than one when buying a house to live in but I just think investment properties are just a different ball game.

Most Popular Reply

User Stats

83
Posts
35
Votes
Daniel DiGiacomo
  • Rental Property Investor
  • Baltimore, MD
35
Votes |
83
Posts
Daniel DiGiacomo
  • Rental Property Investor
  • Baltimore, MD
Replied

Hey Thomas! as an investor I wouldn't sign an exclusive agreement with a buyers agent unless they were almost in-house with you, working for you 24/7. I've never been asked to by a Realtor to be exclusive on the investment side. 

If you're being asked this, then I would suggest that you have a sit down with the Realtor and have a handshake understanding that whatever properties that Realtor presents to you, you'll consider them your buyer-agent. But not any property that simply exists for sale. 

I'm hoping a Realtor chimes in and gives some feedback.

Happy investing! 

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