All Forum Posts by: Tiffani Brown

So I have reached out to some commercial agents in my area and I get put on their list and see some deals, but none of their listings really interests me. I am looking for smaller deals 5-14 units and they mainly have too large deals or in bad areas. I finally found a small multi family deal on my own. It’s a 10 unit, but since I found it on my own, I don’t really have an agent to represent me. How do you guys manage that? Do I just reach out to one of the commercial agents that I spoke to and ask them if they would represent me?  Would I just do a residential agent/realtor since it’s a smaller multifamily thing?  I’m not exactly sure how it works in commercial real estate in terms of having a buyers agent.  I’ve bought other smaller commercial buildings before (but those agents specialized in office/retail), but this is my first multifamily and I feel like I should have an agent, or someone representing me.

When you find the listing on your own in multifamily deals, do you normally just work with the listing agent directly?  To me it’s a little confusing, because in multifamily, It seems like when I’ve reached out to these commercial agents they only send me their listings, and they don’t actually do a search for listings that meet my criteria, but just send me the listings that they have. I am in the DFW area, so not sure if that’s just how it is here or if it’s like that every place.

I realize I’m not looking for a big apartment complexes so maybe I’m being put on the back burner as my deal is too small for the commercial agents so they won’t bother search but if that’s the case, how do I find someone who does the smaller deals?  Do I just find a residential realtor who will look for these units or have I just had bad luck, finding commercial realtors, willing to look for a smaller properties?