Connecting with REO Realtors
I have access to the MLS through a friendly agent. What I'd like to do is connect with the realtors who are listing all the REO properties in my area.
My plan is to call them, introduce myself, and inform them that I have cash in the bank and am looking to buy rehab properties in my area of town.
My hope is that I could somehow get on the "inside track" in order to hear about properties before they get listed on the MLS. That way, I can potentially place an offer on the day it's listed, get the agent a fast commission, and get on with rehabbing.
Thoughts? Any problems with this strategy?
I'm not an agent so I thought I'd ask about any agent rules I might be violating.