Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

16
Posts
8
Votes
Blake Hansen
  • Handyman
  • El Cerrito, CA
8
Votes |
16
Posts

Dear Agents, I'm not worth your time.

Blake Hansen
  • Handyman
  • El Cerrito, CA
Posted

I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer low enough to get the best bang for my buck and I don't care if my offer isn't accepted if it's not a good deal. However, this is a royal pain and waste of time for a real estate agent. I remember in Rich Dad, Poor Dad, Kiyosaki emphasizing making low offers and finding an agent willing to do so. Are there agents out there who will support an investor who low-balls every seller in hopes of finding a great deal? I can't imagine why an agent would do this. Are there investors out there who became agents for the express purpose of being able to write the offers themselves? I'd love to hear your thoughts on this and more. 

Most Popular Reply

User Stats

346
Posts
189
Votes
Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
189
Votes |
346
Posts
Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
Replied

If your agent uses electronic forms, it's not time consuming to make offers, maybe 10 minutes...

Agents 'know' each other, at least in my market.  If an agent writes lowball offers all day long, it hurts that agent when they have a 'retail' buyer.

business profile image
ERA Realty Central - Bill Schrimpf
5.0 stars
4 Reviews

Loading replies...