Help with 2 Realtors from the Same Office

8 Replies

So I've been working with a realtor in the Southeast region for the past 2 months. For background, I'm a new investor but after discussing funding and future plans, he agreed to work with me. He is a senior realtor at a major firm. Initially, everything was fine and he said he would find me off-market deals. In our second conversation, he mentioned an off-market property which I reviewed and replied within a couple hours with my feedback and I asked for the financials. The realtor never responded. I called him a few days later and it went to voicemail. 2 weeks later, he sends me the marketing package with pro formas. I review the financials and within a few hours I ask for more information, including the current income and expenses. He does not respond to me for another month. In that time, I am calling him twice a week, no luck. He finally sends the financials, which are incomplete and states that the property is now on the market and he is already expecting offers. I ask if he has any more off-market deals and he says he has one and will send information soon. I am still waiting for a response, 2 weeks later. Needless to say, for one reason or another, I am not a priority to him. I am not mad, but I do realize that I need to find a realtor that will be timely.

I decided to move on to another agent. I go on Loopnet and I find someone. A few days ago, I reach out to him and he calls me within 30 minutes. We talk and he tells me about an off-market property in another market. He sends me all of the financials minutes after the call. I take a look at the marketing package and I notice he works with the first realtor I had been working with. The first realtor is a senior agent while the second realtor is new to real estate, he started a few months ago (and I assume he works under realtor #1). 

I feel a bit uneasy that they are working together and it's only a matter of time before the first realtor learns that I have moved on. I don't think I did anything wrong since the first realtor never responded to me. The second realtor is already mentioning a new off-market opportunity that he wants to send me if this first deal doesn't work out. He's been great and I want to keep working with him. 

Would this be a problem in the long run with the senior realtor learns that I am working with his junior realtor now? 

Note: I never signed anything saying I would be exclusive to one realtor.

Should not be a problem, as they have to abide by real estate law.  Could be quite the opposite.    They may be just happy to keep you as a client.     

@Dave K. Thanks for the response. That makes me feel better. I figured the same and, when I close on a deal, they wouldn't see it as a problem. I just wanted to make sure I am not coming across as anything negative, I'm new so I want to be as professional as I can. I don't want to burn bridges.

I suggest you let Realtor #1 know that you've moved on to another agent who better meets your needs.  That way you control the message and there isn't any lingering ill will.  Otherwise there shouldn't be a problem at all with this arrangement if you didn't sign an exclusivity agreement with either Realtor.

Just tell #3 what you’ve told us, ask how you guys should proceed.

Tell #2.....

@Joe Norman That's great advice. If I reach out to Realtor #1 and tell him I am now working with his junior realtor, I worry that Realtor #1 may be upset and tell Realtor #2 not to work with me. I imagine Realtor #1 isn't losing business, in this case though.

@Wayne Brooks I like that idea. #2 will be reaching out to me soon. I can be transparent and make sure we get things cleared now before an offer is made. Thanks

Originally posted by @Brook Decker :

@Joe Norman That's great advice. If I reach out to Realtor #1 and tell him I am now working with his junior realtor, I worry that Realtor #1 may be upset and tell Realtor #2 not to work with me. I imagine Realtor #1 isn't losing business, in this case though.

 If either Realtor "gets upset" and won't work with you then cut your line and be glad they didn't waste any more of your time. 

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