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Updated over 8 years ago on . Most recent reply

Account Closed
  • Astoria, NY
36
Votes |
45
Posts

Should I offer BPO to the seller's broker before it's listed?

Account Closed
  • Astoria, NY
Posted

I received a tip that a property is about to hit MLS from a broker that I've only exchanged a few emails with.

Would it be a good idea to offer the full BPO right away, before it goes on market? Or would that encourage them to raise the list price? The market I live in (NYC) is hot right now, with a couple signs of cooling over the past two months.

The broker has been very helpful and I'm hoping to create a mutually beneficial relationship that will last. Ideally, if I offer BPO and it's accepted, I'd hope that she would continue to repeat the process and send me other homes before they go on MLS.

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