Am I impatient? Or, suggestions on how to work with agents?
I'm starting my search back up for buy and hold out of state rental properties. My goal is to have multiple.
It seems that I'll come across a property I'm interested in and I'll make contact with an agent (found through either Bigger Pockets, Zillow, Google reviews, etc.--there are a couple of cities I'm focusing in on). I'll reach out to them and we'll discuss. I'll mention the property and then I feel like it doesn't go anywhere--days stretch out and either I don't get concrete information about the property, their voicemail box is full, or I just don't hear back. And then I see the property status goes to "pending"...
I'm trying to build relationships out of state so I try to be loyal but, at what point, do you just move on? What is a normal cutoff time before going elsewhere? 24 hours? 48 hours? Days? Do I need to be more patient or work on presenting myself as more serious?
My finances are in order so we're good there. I know there's competition and I have a lower price point (ex: $60k-150k, depending on the type of property) but I've let the agent know that, if they have a transaction minimum, I'd make up the difference on their commission. I have also asked about a couple of for-sale-by-owner properties, and for these I've informed the agent that I'd pay their commission.
Any tips??