Queens NY · Member since 2018 · 22 posts · 8 votes
Especially if it's a bad deal. Do you show them the spreadsheet showing that it won't be beneficial to you? Not sure if it's a disrespectful thing considering I want to continue getting listings in the area.
I'd say it's more damaging if you show a pro spreadsheet to them that puts more money in your pocket. They are representing the client who wants to sell the house after all, right?
Rental Property Investor · Dallas, TX · Member since 2017 · 1k+ posts · 1k+ votes
8y
@Michael Stanley Nino These days, in most major markets, if you're buying off MLS, the realtor will not care about your spreadsheet as they will be able to sell the property (as long as it's reasonably prices relative to comps).
Nonetheless, you should always provide intelligent and thorough feedback to your realtor/broker. It will help you develop credibility, ensures you are take more seriously while helping the realtor develop a better understanding of what you're looking for (while helping you understand the realtor).
Rental Property Investor · Dallas, TX · Member since 2017 · 1k+ posts · 1k+ votes
8y
@Michael Stanley Nino These days, in most major markets, if you're buying off MLS, the realtor will not care about your spreadsheet as they will be able to sell the property (as long as it's reasonably prices relative to comps).
Nonetheless, you should always provide intelligent and thorough feedback to your realtor/broker. It will help you develop credibility, ensures you are take more seriously while helping the realtor develop a better understanding of what you're looking for (while helping you understand the realtor).
Queens NY · Member since 2018 · 22 posts · 8 votes
8y
@Omar Khan
Thanks Mr. Khan! Noted. I was given a bad deal by a real estate agent and wanted to Express my disinterest through a spreadsheet. They did provide good service though.
Real Estate Broker · Bay Area · Member since 2018 · 1k+ posts · 3k+ votes
8y
If it's a bad deal and your agent keeps pressing you to buy or sell the property. I think you show them the spreadsheet or explain to them its a bad deal and you are not interested. This way your agent will know your point and you can both be on the same page. When I represent my investor clients. I think open communication is best. I give them my honest professional advice and they give me theirs. I see us as a team and I help them achieve the goals they set forth.
Now if you are buying a deal. I would not show the other agent the spreadsheet. What I would do is break down the cost associated with buying and rehabbing the house if that's what you are doing. I will also stress the time factor. How much time and energy you will have to exert to rehab their house.