Realtors that Review and Send Properties instead of auto OneHome
Orlando, FL · Member since 2022 · 29 posts · 17 votes
Realtors that Review and Send Properties instead of auto OneHome
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Joseph BeilkeBusiness Member
Real Estate Agent · Palm Coast, FL · Member since 2018 · 364 posts · 244 votesI'll be real with you! The answer is yes and no! Time is money and I will not spend a lot of time researching a bunch on properties to send you. I will sent you up on very defined search/alert and when a property perks your interest I will dig into for you. If I come across something that I think might work for you and that is outside of the defined search, I will send it over to you via text or email. Matter of fact I sent a new construction townhome to a buyer just 30 mins ago because the numbers work. I would love to know everything about every property that comes up, and some time most the of the info is in the data sheet. Sometimes the listing agent doesn't include anything. The listing agent that included nothing is lazy and not doing their seller justice. So if that property is a possibility I will dig and dig hard to get the info you need to make an informed decision.
The bottom line is most of us just don't have the time to look and research everything, those that say they do are either lying or not busy.
Enkore Real Estate & Property Management4.836 Reviews
7 Replies
- Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes3y
Quote from @Tim Nethers:
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few realtors in different cash-flow markets, and they all seem to want to put me on a drip of One Home of all the MFPs in the area. I've basically already done the same thing on redfin beforehand. I am buying, I am closing on one next month, but it was a deal that I brought to the realtor.
Are there realtors out there that actually bring you really solid investment deals, instead of just everything on OneHome at a price based/type based criteria? I personally am looking for one to two more solid long term rental MFPs at the 75-150k pricepoint.
Realtors will just set you up based on your criteria, and you will get emails everyday with mostly a waste of time. Why do you need a realtor? Search yourself. I have done 100s and 100s and 100s of deals, never used a realtor.
- Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes3y
Quote from @Bob S.:
Quote from @Tim Nethers:
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few realtors in different cash-flow markets, and they all seem to want to put me on a drip of One Home of all the MFPs in the area. I've basically already done the same thing on redfin beforehand. I am buying, I am closing on one next month, but it was a deal that I brought to the realtor.
Are there realtors out there that actually bring you really solid investment deals, instead of just everything on OneHome at a price based/type based criteria? I personally am looking for one to two more solid long term rental MFPs at the 75-150k pricepoint.
Realtors will just set you up based on your criteria, and you will get emails everyday with mostly a waste of time. Why do you need a realtor? Search yourself. I have done 100s and 100s and 100s of deals, never used a realtor. When you find a property that looks right then you tell them your offer.
- 3yAbel CurielBusiness MemberReal Estate Agent · Queens, NY · Member since 2016 · 2k+ posts · 1k+ votesHey Tim!
Quote from @Tim Nethers:
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few realtors in different cash-flow markets, and they all seem to want to put me on a drip of One Home of all the MFPs in the area. I've basically already done the same thing on redfin beforehand. I am buying, I am closing on one next month, but it was a deal that I brought to the realtor.
Are there realtors out there that actually bring you really solid investment deals, instead of just everything on OneHome at a price based/type based criteria? I personally am looking for one to two more solid long term rental MFPs at the 75-150k pricepoint.
Great question... I know exactly what you're referencing here. I've been on both ends of this as a Realtor sending auto emails and as an investor receiving them.
From my experience, the best deals are off-market and are found via:
- agent/broker relationships
- wholesalers
- other investors
- direct to seller
Most agents/brokers I know share these listings with their close network before sharing them with newer clients.
My guess is that the Realtors you've worked/spoken with, either have little/no access to off-market deals or already have investor relationships that get first dibs on solid deals. My other guess is that you may have worked with transactional agents who aren't putting in the work and just want to get a deal done figuring that sending you dozens or hundreds of "deals" will increase their chances.
My recommendation here would be to find agents with a lot of recent investment property sales (challenging to do w/out MLS but doable w/Zillow, Redfin, Homesnap, etc.) and attend virtual or in-person networking events to find investor-friendly agents who are looking to develop relationships. BP also has a great Find an Agent tool that can help tremendously.
Just curious, where are you looking for your next MFP?
Best of luck to you on your continued search!
Abel
REbuild Team - eXp Realty5234 Reviews - 3yPatrick DruryBusiness MemberReal Estate Agent · Columbus, OH & Cleveland OH · Member since 2021 · 1k+ posts · 2k+ votes
@Tim Nethers
If you are just looking for an agent that sources off-market deals then talk to agents that source off-market deals in the markets you are looking in. - Orlando, FL · Member since 2022 · 29 posts · 17 votes3y
Quote from @Bob S.:
Quote from @Tim Nethers:
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few realtors in different cash-flow markets, and they all seem to want to put me on a drip of One Home of all the MFPs in the area. I've basically already done the same thing on redfin beforehand. I am buying, I am closing on one next month, but it was a deal that I brought to the realtor.
Are there realtors out there that actually bring you really solid investment deals, instead of just everything on OneHome at a price based/type based criteria? I personally am looking for one to two more solid long term rental MFPs at the 75-150k pricepoint.
Realtors will just set you up based on your criteria, and you will get emails everyday with mostly a waste of time. Why do you need a realtor? Search yourself. I have done 100s and 100s and 100s of deals, never used a realtor.
I guess I really don't. I was interacting with agents on the MLS properties, and asking for rents and such, when they weren't listed and everytime I didn't have a realtor the agents wanted to dually represent me. Since a buyer's agent didn't cost you as the buyer anything, I figured why not? But if they're not adding value, I see your point. Do you let the seller's agent dually represent you or are you doing off market deals mostly?
- Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes3y
Quote from @Tim Nethers:
Quote from @Bob S.:
Quote from @Tim Nethers:
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few realtors in different cash-flow markets, and they all seem to want to put me on a drip of One Home of all the MFPs in the area. I've basically already done the same thing on redfin beforehand. I am buying, I am closing on one next month, but it was a deal that I brought to the realtor.
Are there realtors out there that actually bring you really solid investment deals, instead of just everything on OneHome at a price based/type based criteria? I personally am looking for one to two more solid long term rental MFPs at the 75-150k pricepoint.
Realtors will just set you up based on your criteria, and you will get emails everyday with mostly a waste of time. Why do you need a realtor? Search yourself. I have done 100s and 100s and 100s of deals, never used a realtor.
I guess I really don't. I was interacting with agents on the MLS properties, and asking for rents and such, when they weren't listed and everytime I didn't have a realtor the agents wanted to dually represent me. Since a buyer's agent didn't cost you as the buyer anything, I figured why not? But if they're not adding value, I see your point. Do you let the seller's agent dually represent you or are you doing off market deals mostly?
I do not buy many props that are listed its been at least 7 years since I did. But if I was to get something listed I just call the agent and they do the paperwork, easy money for them. They do nothing but shuffle paperwork, do a walk through
- 3yJoseph BeilkeBusiness MemberReal Estate Agent · Palm Coast, FL · Member since 2018 · 364 posts · 244 votes
I'll be real with you! The answer is yes and no! Time is money and I will not spend a lot of time researching a bunch on properties to send you. I will sent you up on very defined search/alert and when a property perks your interest I will dig into for you. If I come across something that I think might work for you and that is outside of the defined search, I will send it over to you via text or email. Matter of fact I sent a new construction townhome to a buyer just 30 mins ago because the numbers work. I would love to know everything about every property that comes up, and some time most the of the info is in the data sheet. Sometimes the listing agent doesn't include anything. The listing agent that included nothing is lazy and not doing their seller justice. So if that property is a possibility I will dig and dig hard to get the info you need to make an informed decision.
The bottom line is most of us just don't have the time to look and research everything, those that say they do are either lying or not busy.
Enkore Real Estate & Property Management4.836 Reviews
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