I have a question about brokers. I know that certain brokers hear about deals that other do not. A recent example is that I called a broker (not the main one that my partner uses) to ask about recent sales and what he's seeing in certain areas of a city. He proceeded to send me 5 deals that neither of us had seen and they'd been on the market for a few months. This raises the question, do I limit myself to just one broker per City to find deals? Or is it ok to have multiple brokers in one city to find deals? My only concern that is that they would all become discouraged from sending me deals.
If you are looking for a home to live in, then use one dedicated broker. If you are shopping for investment properties, then it is conventional to use multiple brokers. A broker who only looks for investment inventory on the MLS is not going to help you enough. Many apartment building sales, for example do not originate on the MLS.
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