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Updated almost 11 years ago,

User Stats

19
Posts
4
Votes
Danny Colacicco
  • Baltimore, MD
4
Votes |
19
Posts

Got a call from direct mail, but the house is listed with an agent.

Danny Colacicco
  • Baltimore, MD
Posted

Hey everyone,

We did a direct mail campaign to out of state owners, and we got a call from someone who has had their house listed with an agent for 5 months. It was originally listed for 275K and now is it at 225K. My first biggest concern is that since it is listed with a realtor that I loose the bargaining chip of being able to close with no fees. My second concern is though they said it is in good shape for an 1850's house (new floors/paint ect) that they may think that my being able to purchase "as is" is not that big of a bonus. Nonetheless, assuming they are motivated, how should approach this? They game me the contact info of the listing agent. Should I call him to set up an appt and explain to him that one of my partners will be purchasing the property and assure that the contract used is assignable?

Thanks in advance for the advice!

Maryland Properties 2020

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