Originally posted by Karen Margrave:
@Ann Watkins Some of the posters above mentioned you aren't vetting buyers well enough, and that very well could be the issue. If you have someone come in, that is obviously someone that has never purchased real estate before, and are looking for deals that are unattainable, don't waste your time. Also, show the properties first, BEFORE you do all the analysis, when they are ready to write an offer!
When you meet with clients, explain your policy, that you are happy to help them find properties, show them properties, etc., but in return you expect them to show you loyalty, and that if they prefer to work with several agents, that's fine for them to do, but you prefer not to work that way, and wish them luck.
If there are deals out there that are solid deals, you will have plenty of buyers that are ready, willing, and able to do the deals.
However; I understand your frustration. When dealing with people that find you through BP, vet them the same as you would anyone else. It's great to help people where you can by providing information, etc., at the same time, you don't owe it to people to be a door mat!
@Karen Margrave
Yes, Yes and Yes. You are exactly right. I do the analysis once they boil down to maybe three properties. I do an extensive interview prior to even pulling listings to come up with what I think that investor's profile is, then I share it with them to make sure.
So I'm not sending 50 listings, but more like 10. Then we boil that list down and see no more than 5 homes. That's when I do the deep dive. Granted I don't have to do any of this with the serious investors, like @Troy Fisher stated he just needs the offer written up and submitted. I may throw in comps as a courtesy if they ask, but usually they don't want my numbers....lol.
Now the part about only dealing with me. That is hard. Most investors don't want to be tied to one realtor, they may have their go to buyer's agents who may or may not be their listing agent. I don't really sweat that, it's just business.
But I can see your point on those who need the coaching and hand holding. That makes perfect sense.
