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Updated almost 9 years ago on . Most recent reply

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Eva Karnaukh
  • Investor
  • Chantilly, VA
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Finding the right Realtor / Brooker

Eva Karnaukh
  • Investor
  • Chantilly, VA
Posted

Hello fellow BP Friends!

Curious to see if the PRO investors partner with a single broker or a realtor? Work independently? or have a number of brokers who they deal with on a regular basis?  What qualities they are looking in their brokers  / realtors?

I have worked with several realtors in the past, but realized that even though I had a great experience with them, I would probably not take them in my "investment team" for variety of reasons.

Some realtors are getting excited to "get you under contract fast"  and the enthusiasm quickly dies out if you refuse to gamble on the deals. Others express passive interest and not really pay much attention to your interest unless you have thousands of bucks to spend... or dropping the ball if you look at distress properties, short sales, etc that require long time to close. 

So how and where do you seek out a right people? I've yet to find the broker/realtor who would "match" to what I am trying to do and will be excited to build a wealth together.  Any leads in DC / Virginia area?

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Originally posted by @Eva Karnaukh:

Hello fellow BP Friends!

Some realtors are getting excited to "get you under contract fast"  and the enthusiasm quickly dies out if you refuse to gamble on the deals. Others express passive interest and not really pay much attention to your interest unless you have thousands of bucks to spend... or dropping the ball if you look at distress properties, short sales, etc that require long time to close. 

I'm not sure how much use an agent in the DMV area would be to you if you don't have thousands of dollars to spend? You are going to need 20% down to buy an investment property. If funding is an issue, then the avenue that a realtor can help you isn't really there. 

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