All Forum Posts by: J. Nicholas Clement
J. Nicholas Clement has started 1 posts and replied 3 times.
Post: As an Investor how to weed out bs agents
- Investor
- Jamaica, NY
- Posts 4
- Votes 0
Originally posted by @Mark Limke:
That would be frustrating, no doubt. I'm sure you've heard on the podcasts that people in large metro areas often have better luck working in the outer ring, the bedroom communities, where the competition isn't as thick. Seems like good advice, go where there are more real deals.
Thanks for the suggestion Mark, I will take note of that and adjust my strategy, all the deals that I've purchased were because of my direct approach, I guess I have to concentrate more on my approach since it's my bread and butter I'll forget the others and try a new method to bring in extra deals. Thanks again for your advice Mark it is much appreciated.
Post: As an Investor how to weed out bs agents
- Investor
- Jamaica, NY
- Posts 4
- Votes 0
Does it make sense as an Investor to utilize my time working with Agents? I've honestly tried, but for the most part in NYC I feel like they're a waste of time. The deals that theyve bought me this year were all trash and padded deals, 6 people the least had to get paid per deal, that's including the homeowner and agent(No Way). I believe that Birddogs are the best bet to bring deals when investing, I've tried to work with Agents/Brokers but they always screw the deal over petty money, even after I tell them that they can keep the commission in full and that I'm only interested in purchasing the Short Sale, they still don't seem to comprehend. Am I offering them too much or are these people just utter clowns? I know of investors that pay Birddogs 500$ per lead on a short sale and have the agent/broker split commission on the shorts that they bring them, I still won't Treat people unfairly like that but this year I am not going out my way to make anyone else rich, that is unless they show the proper qualities. I am always willing to work with Agents/ Brokers but now I will have to tread softly now that I know what it entails. I am not one for circumventing others, back stabbing , or taking advantage of clients just to get a couple of bucks in the long run it always catches up with you, if you want to deal with a upfront Investor who knows the game in and out and has nothing but positive vibes and the best interest of every client please do contact me, but if you're into all the other stuff please don't. I will always be open to working with others, just please come correctly.
I am but only in New York State. I see you're from Jersey, is this a question about the banks or state law?