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All Forum Posts by: Arsen Atanasovski

Arsen Atanasovski has started 329 posts and replied 883 times.

Post: Economic crisis that Kiyosaki announced

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

I think the reason you created this post is that your in the RE market but now thinking weather to buy or not, don’t let other peoples opinion judge your decision, the guy your mentioning bought real estate at one of the worst times, the 70’s and 80’s that had double digit mortgage terms so take opinions as options, the world was suppose to end at Y2K but 21 years now pretty soon 22 years now have passed btw.

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Lisa DuFaux read @Bob Stevens post! Tons of help from highly skilled RE agents! 

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Lisa DuFaux oh that agent, I should copy the rest of the email, a lot of name calling me as an investor and yes that agent is dumb because my offer wasn’t good and high enough then he said it wasn’t cash! I thought agents are there for the seller to get them the most for their house, but I guess like the saying cash is king! Agents love cash offers and pre-approvals, fast and easy transactions. And reason I’m calling that agent dumb is the fact that he was mad I offered low and not cash now that’s dum wouldn’t you agree? :) I’m not sure why I’m getting so many votes maybe I’m the dumb one. The true hurts and one more thing it’s a matter of time when technology takes over and there will be no need for agents and used car salesmen, oh I think the second part is already getting taken care of with Carvana. No use for a cashier when you got U-Scan will soon come to RE, people today a lot more educated then 50-100 years ago btw.

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Joe S. I'm not too caught up on the fees, fees are fees and I pay what my brokers acquirers. But I mostly became an agent to use the mls as a tool and it's been a very powerful tool for me. I run accurate comps, send offers daily and can search basically anything I need to make a deal if need be. In the past it was like pulling teeth trying to get this information from other agents, I have must of gone through 50 agents and I finally said I'm done! I took a week off of work and took the classes and received my license, signed up with the closest broker to where I live and received all my tools, MLS logins, and it's been a blessings since! If a old investor friend calls me and needs comps boom send it off! Big difference then your typically agent. And the funny thing is other family members believe it or not FAMILY members ask me why do I was my time and send comps to an investor buddy that already has the deal under contract off market and you get no commission! It goes back to what I said in the past posts those "buddies" have brought me some of the best deals in my life so of course I would help them out! People nowadays want payment up front then service. I live when I hear from an agent, "are you pre-approved"? Why is that cause if their not he is no use to you lol! I tell the truth and a lot of people get very upset with me. I'm over weight and yes I love food so if you call me fat that's fine because your right!

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

Need to respond because your spreading fake news:) never ever did I say realtors are dumb, I suppose you are misunderstood about my posts, and that’s totally understandable. The day I received my RE license my wife said “so when are you going to sell your first house”? I’m an investor! Not your typically RE agent and I don’t sell I only buy till the day I die, my kids will have that choice if they choose to sell. If you like me to go back to the building where I received my license and ask all the. We agents why they are getting their license NINTEY PERCENT of them are going to say to sell homes and make a living on commission! Totally fine with me. Again I’m an investor and the reason I got my license is because of the lack of knowledge that agents have toward the investor sector of real estate. It’s not popular! Agents don’t make it in the investor sector there are few but not all are investor minded. 

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Lisa DuFaux again your specking to 90% of end user realtors, and yes there is money spent on higher priced homes. I don’t think an agent will be blowing advertising money on a $30k house in Detroit as a matter of fact the selling agent doesn’t even show the home they call it “drive-by” showing. So if you read my posts I think I described what kind of agents are out there. Your totally specking on Non investor minded realtors. And I’m not a disservice to my industry I’m a realtor for myself reason for…… please read my posts. This site I believe maybe I’m wrong but it’s mostly used for investors:) I have an aunt purchasing a $700k price range home and she’s not shopping on BP she’s on Zillow and realtor.com. 

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Josue Vargas I don’t post this many times on one subject but wanted to comment on your “commission is negotiable” really? I’m trying to negotiate with your boy @Dustin Allen for a property but he told me if I’m buying 15 of them, then we can do business. Not trying to throw anyone under the bus and I respect both of you for doing what your doing and you guys probably do a great job. To make this short and sweet investor “mind-like” agents are rare, in the residential sector, commercial is a different ballgame but for a regular local agent it’s rare to find one. To buy a $30k house in Detroit and it says on the agent comments the commission is $395, I’ll record the agent over the phone it’s like my son trying to feed him his vegetables. We are all here for the money trust me I’m not that handsome! What’s black is black what’s white is white. Again only telling my real life experience. 

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

What I just said you said it yourself, if I were to buy 15 homes then you’ll do business with me, why not just one property? 15 properties is a nice commission I suppose lol. Besides the point you are right I went off subject on this post, but reason for was to explain the whole story of realtors and what they are for. It’s a personality business and depending on the person depends on the business. I have a new agent hunger for anything so I give him all my leads on my rental listings and split commission with him he is willing to go out of his way and do my showings so again not all realtors are bad. Im an agent I can go out and advertise that I sell million dollar homes and make a really good living but that’s not me I’m an investor and the ways we do business is off market deals and what not which really makes agents upset on why there is wholesalers and off market dealings well if you think about it, it’s because most realtors don’t understand that part of the RE world. In the end @Corbett Brasington has a off market deal if it’s in the agreement stages there is no need for an agent. Here is an example there is a mls listing went expired no one bought it I reached out to the owner and at the moment they want to sell at the price I gave them that’s a off market deal so should I call the realtor that couldn’t find a seller and have him NOW help me out on the deal where they couldn’t before? I’ve had this happen to me many times, the agent would reply in minutes saying the seller rejected the offer that’s weird is the client sitting at the agents desk and telling them at the spot??? No the agent got it weeks or months ago that the seller will not go under this certain number so the agent just rejects automatically I might be wrong but funny thing is I end up buying the property at my number once listing becomes expired. Again going off subject but this is my day to day issues that arise with “realtors”. I must have bad luck:(

Post: The biggest challenge in the BRRR IMO

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

You’ll need to search them but they are out there not sure your area but San Antonio I believe is a lot bigger then my area 

Post: What's the point of a Realtor with off market deals I find...?

Arsen AtanasovskiPosted
  • Investor
  • Rochester, MI
  • Posts 1,030
  • Votes 583

@Basit Siddiqi exact reason I became a realtor because 90% of realtors didn’t want to waste their time on me with my low price houses I was shopping for, my low ball offers I present, this is why I became a realtor to do my offers because for some reason when I call a realtor and tell them what I want to offer they right away say send me an offer, wasting my time! So I send them a stupid offer which then makes the realtor get off his chair and send it to their client big waste of time, but that’s the system, I do 10-15 offers a day I run 20-40 Comps a day so @Dustin Allen are you willing to do that for me? For a $50k/$70k house???? I don’t think so. I’ve been in RE all my life basically and 90% not all but 90% are in it for the fat commissions. Half of the realtors when I call them and ask if their client would accept a land contract they do not even know what a land contract is, they ask me if I’m pre-approved! Really? I then blow their mind when I say yes if your client approves a land contract then I’m pre-approved, the point I’m trying to get across is investors are a small group of ppl buying RE compared to the end users buying at regular circumstances, mortgage, escrow, inspection, etc….. so for me to be efficient and do my business fast, easy, relaxing I became a realtor myself, it’s still Hard cause I have 2 or 3 realtors a week that only sell million dollar houses and ended up helping a friend sell a low priced rental area home and fumble at ever process or question I throw at them.