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Updated over 6 years ago on . Most recent reply

User Stats

157
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50
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Courtney Rollins
  • Wholesaler
  • Durham, NC
50
Votes |
157
Posts

NEWBIE QUESTION: REALTOR FOR OFF MARKET DEALS?

Courtney Rollins
  • Wholesaler
  • Durham, NC
Posted

Hi all, I am new investor in the Baltimore area. I’ve been driving, knocking, and mailing for dollars and am beginning to receive responses. I have contracts and other paperwork and resources to get properties under contract, but am a little weary about messing up somewhere along the process. My question is with off-market leads that fit my criteria should I use my realtor to facilitate the process for the first few deals? I think it maybe worth it as long as my realtor is willing to show me what they are doing along the way. I don’t mind paying for the support and expertise, but hope that I can learn the process enough to secure deals and not fudge things up. I’ve also heard that depending on my relationship with my lender, that they may be able to usher me through the process. Thanks for reading and for any advice!  

Most Popular Reply

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1,247
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1,106
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Joe Norman
  • Property Manager
  • Baltimore, MD
1,106
Votes |
1,247
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Joe Norman
  • Property Manager
  • Baltimore, MD
Replied

It sounds like what you're looking for is guidance, and not necessarily representation.  If you have a strong Realtor on your team already (i.e., one who expects that he will be your go-to for on-market deals as well as for listing your retail flips) then s/he may be willing to help you out in terms of paperwork.  Otherwise your lender or title company would be a good resource for guidance. 

Great work taking action!  I had to run out at Spirits West last week but hope we can connect next time.

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