Could someone critique this Message?

Question

Sent to real estate agents:
"Nice to meet you_____. My name is _____. I'm an investor from _____. Currently, I'm searching for houses that are in need of a lot of rehab and typically wouldn't be posted on the MLS. If you have any houses like this, let me know. I'd love to help get them off your clients hands and assist you in selling them."

Would appreciate any critiques or any additional value I could add to this message. Thanks guys

Account Closed · Answer

Keep in mind several things. Most agents sell one to zero houses a year. They are part time agents with no experience and last an average of 18 months. So, you have to do a search on Zillow or Redfin or a similar site, see who has actually helped people sell their properties in the last 12 months and make a list. Or, you can drive neighborhoods and note which agents have "For Sale" signs posted in front of houses.

There are a lot of flippers right now so you have to make yourself stand out either by quality, speed or responsiveness. Only a very few agents will find properties to list over the course of a year and of those, you have to be "front of mind" when they run into the occasional fixer. So, if you are very well funded (not having to wait for a bank) and can close in a few days, are very experiened and have a great reputation and are always looking for new deals no matter how many propjects you have going, it's worth pursuing.

However, a "one off" email or letter is meaningless. Real estate is all about relationships. You have to prove value to them and the ability to perform. Take them to lunch (you pay) and get to know them.

Most agents don't deal with investors for a variety of reasons, they can't close, investors are flakey, they don't need a property at the time that an agent runs across a fixer, the investor doesn't keep the relationship going, the agent leaves the business and on and on and on. One bad experience destroys the relationship. There is too much at stake.

That's pretty much the answer to your question. It isn't the message, it's the method. There are much more efficient and less frustrating ways to find deals.

Will Barnard · Answer

Jerryll provided good advice here in his own direct way but he is right. Come to me with that script of yours in your first post and you wont get very far. Come to me with proof of your desire and purchasing power and you have both ears.

Also, as others stated, many agents suck or are just too new so you need to find the very best ones.Best meaning they have been in the biz for a good decade or more and also work with investor clients. If they do not understand the investor mindset or their needs, they will fail you.

Account Closed · Answer

I'm not really the right one to answer that queston.  I stopped working with agents a long time ago. Seems I knew more about the business than they did. And, agents come & go. It's just not an avenue I ever found to be worth my time. Others may have had more success.

Jerryll Noorden · Answer

One day Will, ... one day I will make you write an inappropriate monkey joke on this forum!

You will see!

Noah McPherson · Answer

@Jerryll Noorden 😂 okay. You're right. I can figure out how to show them I can close quick. Thanks for the input

Jerryll Noorden · Answer

You didn't really entice them to help you.

What I mean is simply this.

This would be my letter to them

Yo! I am Overlord Jerryll. I have 3 gazillion dolors in liquid funds, with the resources to buying and flipping 12 houses every 5 seconds. Here is my website www.YouSuckMonkeyButtThroughAStraw.com,where you can see all the past and current projects we have on going.

I am looking to aggressively buy more houses and that is the reason for me writing you.

I am looking for off market deals and am very interested in buying any good deal you that comes your way.

b;a bla bla..

See how now you have established credibility, capability and competence?

That is what I would focus on. Everyone says they have cash to buy houses but most really don't and agents, the good ones, know this. Show them you are serious. Show them that by helping you out THEY will benefit and you'll see what will happen.

May the monkey gods be with you.

Noah McPherson · Answer

@Mike Hern Okay, makes sense. Any tips on staying front of mind with an agent?

Could someone critique this Message?

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