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All Forum Posts by: Dustin B.

Dustin B. has started 6 posts and replied 20 times.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

I was simply asking a quick question on a forum, I did not know I would be graded as if I were writing an essay.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

Thank you all for your responses. I am still working with the same realtor and I think she is starting to understand where I am coming from. I will keep you all updated when I get one to go through.

Just made an offer on two properties so I am keeping my fingers crossed.

And I almost forgot to mention, but I believe realtor is capitalized because it is a trademark

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3
Originally posted by Justin S.:
Dustin B. Have you gone back to the old properties you've written on and see what price you lost to? If investors are still making profits and paying more than you, then you may need to adjust your strategy.

No I have not gone back and checked but I am going to start doing that.

Thanks to everyone for all the input, its always very interesting to see everyones comments or views on a subject.

THANK YOU BP MEMBERS!!!!

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

Thanks mike i appreciate that! :-)

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

Thank you all for your replies, it just seems like it is hard to find a "good deal". I think i am going to have to find other properties not on the mls or contact the listing agent directly. But contacting the listing agent directly after working with my realtor for a long time doesnt sound like good business.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

Also does this apply to all types of listings or just short sales

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

Now is this legitimate or is that an offer on the side?

It seems like my realtor isnt use to dealing with investors and every time i offer her something a little creative she doesn't respond to it too well.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

I am using hard money so i need to be all in at 70% ltv to get financed. Anything over that will come out of my pocket so thats how i have been figuring out what to offer.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

I dont think any of my offers have been unreasonable and i have had one accepted.

The current property i made an offer on looks like this:

120,000 arv
83,00 asking price
25,000 needed in repairs
I offered 55,000 to start out but am willing to go up to 65000

Also the property has been on the market for 450 days with no activity.

Post: Realtor thinks im crazy

Dustin B.Posted
  • Bradley, IL
  • Posts 23
  • Votes 3

I have been working with the same realtor for about 6 months now and i am beginning to get a little aggravated. Every time i make an offer on a property she looks at me like im crazy and after the offer is submitted she calls and tells me she needs a best and final or that there was a previous offer for more but it fell through.

I have been bidding on reos, foreclosures, and this last one was a short sale and i suggested that along with my offer i was going to submit a list of repairs that were needed for the property. She explained to me that i would pretty much be wasting my time.

With all that said should i be looking for a new realtor that will take me seriously and how to find a good one. Also was it a good or bad idea submitting the repair list along with the offer????