All Forum Posts by: DJ M.

Like others have said, check your PPM &, if necessary, consult an attorney knowledgeable in the subject.

What language?

Make sure your able to read through the original contract to which you are being assigned. It will have all the details you need to know in it.

If you cant, id run.

Good Luck!

Simple answer. Cut the ********, dont waste my time. I dont mind opening doors, but trust my professional opinion when I tell you something like your offer of 70% of asking price for a house thats been on the market 3 days wont fly.

Your the investor, im the agent. I wont run your #s for you, thats your job. No reason to increase liability for me, and we may value things differently. Dont get cold feet. I can handle cold feet from first time homebuyers, but your supposed to be a professional. Act like it.

Im here to open doors, run comps, and do my best to get an offer accepted and get the transaction to the finish line if buying. List side is getting the listing marketed correctly and getting you the best offer the quickest in addition to guiding the transaction to its conclusion.

When I find you something that meets your criteria, your job is to pull the trigger and get your ducks in a row so we can close.

Agents only have so much time in the day, and for 99.999% of us we are 100% commission. I would rather work with first time homebuyers than a newbie investor, and that says a lot.

Professionalism goes both ways, you should expect your Realtor to be professional, and you should be professional towards him/her.  Questions are ok to ask. General questions are probably better saved for google, though.

Really the most important thing is just this: 'Dont waste time'.  Every minute I spend working with a newer investor is a minute I am taking away from another client of mine who I know will close.  For some agents, that is not worth the risk.

Hope this helps, Good luck!

In my neck of the woods we can operate as transaction coordinators, which are basically just glorified paper pushers and make sure all the i's get dotted and the t's crossed for a nominal fee. No fiduciary duty on either side.

Might be something to look into.

Talk to your broker

Talk to a lawyer. Understand your rights. Know what you can & cant do legally, and stay on the right side of that line.

Dont worry about being sued, everyone gets sued. Make sure you can defend yourself & win.

Your lawyer should explain how to best prepare for that.

Good luck!

The simplest answer is always price. Changing the price changes everything. 

Check your states licensing laws first. You want to be careful not to break any laws.

Definitely talk with your broker on this